Harvest Christian Daycare and Learning Center Inc

Analysis

Harvest Christian Daycare and Learning Center Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Harvest Christian Daycare and Learning Center Inc reported income of $1.3m and spending of $1.6m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 57%. 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, Harvest Christian Daycare and Learning Center Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include Coastside Adult Day Health Center ($1.3m), St John the Evangelist Conference ($1.3m) and Food and Environment Reporting Network ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $48k (3.0% of expenses). Other salaries and wages came to $826k. At year end it held assets of $325k against liabilities of $87k, net assets of $238k. It reported 41 employees.