Jonesboro Child Care Center Inc

Analysis

Jonesboro Child Care Center Inc is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in April 1972, 54 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 2024, Jonesboro Child Care Center Inc reported income of $213k and spending of $206k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $92k to $213k (+132%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jonesboro Child Care Center Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Maine Veterans Project ($213k), Urban Resurrection Community ($213k) and Santa Cruz Council on Aging Inc ($213k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $46k (22% of expenses). Other salaries and wages came to $114k. At year end it held assets of $14k against liabilities of $3,225, net assets of $11k. It reported 13 employees.