Two Rivers Day Care Ctr

Analysis

Two Rivers Day Care Ctr is a registered charity in United States, based in Two Rivers, WI. It received its IRS tax-exemption ruling in March 1971, 55 years ago. 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, Two Rivers Day Care Ctr reported income of $752k and spending of $813k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $627k to $752k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Two Rivers Day Care Ctr sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include First United Methodist Church Nursery School ($752k), 100 Black Men of Dekalb County Inc ($752k) and Yoknapatawpha Arts Council Inc ($752k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $40k (4.9% of expenses). Other salaries and wages came to $523k. At year end it held assets of $156k against liabilities of $53k, net assets of $103k. It reported 48 employees.