Child Care Resources Inc

Analysis

Child Care Resources Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in August 1971, 55 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 Inc reported income of $2.6m and spending of $2.5m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $2.6m (+30%), an average of +6.8% a year. The sharpest change came in the year to September 2020, when income rose by 59%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child Care Resources 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 MT. Charities of a similar size with the same main cause include Community Fund Management Foundation ($2.6m), Rustys Morningstar Ranch Inc ($2.6m) and Big Brothers Big Sisters of Central New Mexico Donation Center Inc ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $93k (3.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.4m against liabilities of $590k, net assets of $846k. It reported 36 employees.