Jin-A Child Care Center Inc

Analysis

Jin-A Child Care Center Inc is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in November 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jin-A Child Care Center Inc reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jin-A Child Care Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Minnesota Family Institute ($1.5m), Camp Evergreen Corporation ($1.5m) and Dr Susan Love Research Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $203k (13% of expenses). Other salaries and wages came to $827k. At year end it held assets of $1.9m against liabilities of $20k, net assets of $1.9m. It reported 52 employees.