Androscoggin Head Start & Child Care

Analysis

Androscoggin Head Start & Child Care is a registered charity in United States, based in Lewiston, ME. It received its IRS tax-exemption ruling in September 1974, 52 years ago. 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 June 2023, Androscoggin Head Start & Child Care reported income of $6.2m and spending of $5.9m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.8m to $6.2m (+28%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Androscoggin Head Start & Child Care sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within ME. Charities of a similar size with the same main cause include Commercial Club Foundation ($6.2m), South County Outreach ($6.2m) and Edward Health and Fitness Center ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $219k (3.7% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $6.8m against liabilities of $806k, net assets of $6.0m. It reported 106 employees.