Elkader Community Child Care and Learning Center

Analysis

Elkader Community Child Care and Learning Center is a registered charity in United States, based in Elkader, IA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Elkader Community Child Care and Learning Center reported income of $353k and spending of $432k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $353k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elkader Community Child Care and Learning Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Friendship Community Center Inc ($353k), Nittany Greyhounds ($353k) and Bayit Association Inc ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $53k (12% of expenses). Other salaries and wages came to $192k. At year end it held assets of $482k against liabilities of $150k, net assets of $332k. It reported 28 employees.