Elma Early Childhood Center Inc

Analysis

Elma Early Childhood Center Inc is a registered charity in United States, based in Elma, IA. It received its IRS tax-exemption ruling in July 2008, 18 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 December 2023, Elma Early Childhood Center Inc reported income of $238k and spending of $237k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $286k to $238k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elma Early Childhood Center Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within IA. Charities of a similar size with the same main cause include Usbg National Charity Foundation ($238k), Redemption Outreach Inc ($238k) and Maison Fortune Orphange Foundation Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $14k (5.7% of expenses). Other salaries and wages came to $116k. At year end it held assets of $121k against liabilities of $0, net assets of $121k. It reported 14 employees.