Child Care Resources of Monmouth County Inc

Analysis

Child Care Resources of Monmouth County Inc is a registered charity in United States, based in Neptune, NJ. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Child Care Resources of Monmouth County Inc reported income of $2.8m and spending of $2.8m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $2.8m (+25%), an average of +5.8% a year. 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, Child Care Resources of Monmouth County Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Bread of Life Mission ($2.8m), Soulu ($2.8m) and Big Brothers Big Sisters of Oklahoma Inc ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $237k (8.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.1m against liabilities of $868k, net assets of $271k. It reported 28 employees.