Perry Area Child Development Corporation

Analysis

Perry Area Child Development Corporation is a registered charity in United States, based in Perry, IA. It received its IRS tax-exemption ruling in June 2004, 22 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 June 2023, Perry Area Child Development Corporation reported income of $754k and spending of $632k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $582k to $754k (+29%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Perry Area Child Development Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include The Nooksack Valley Food Bank Association ($754k), East Feliciana Council on Aging Inc ($754k) and HD Supply Charitable Fund Inc ($754k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $68k (11% of expenses). Other salaries and wages came to $315k. At year end it held assets of $862k against liabilities of $67k, net assets of $796k. It reported 16 employees.