Inspirations Childcare & Preschool Center

Analysis

Inspirations Childcare & Preschool Center is a registered charity in United States, based in Sully, IA. It received its IRS tax-exemption ruling in October 2007, 19 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 April 2024, Inspirations Childcare & Preschool Center reported income of $419k and spending of $353k, spending 84% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $258k to $419k (+62%), an average of +10% a year. The sharpest change came in the year to April 2021, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inspirations Childcare & Preschool Center sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Project Feed the Kids ($419k), Caring for Children Foundation of Texas Inc ($419k) and Solel International ($419k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. Other salaries and wages came to $243k. At year end it held assets of $409k against liabilities of $93k, net assets of $316k. It reported 23 employees.