Atonement Child Care Inc

Analysis

Atonement Child Care Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in August 2015, 11 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, Atonement Child Care Inc reported income of $436k and spending of $562k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $555k to $436k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Atonement Child Care Inc 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 68th percentile, and in the 67th percentile within NE. Charities of a similar size with the same main cause include Erath County Senior Citizens Inc ($436k), Equipping the Saints ($436k) and Inside Out Foundation ($436k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $110k (19% of expenses). Other salaries and wages came to $287k. At year end it held assets of $12k against liabilities of $46k, net assets of -$34k. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.