L&m Christian Daycare Learning Center Inc

Analysis

L&m Christian Daycare Learning Center Inc is a registered charity in United States, based in Marshall, TX. It received its IRS tax-exemption ruling in May 2002, 24 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, L&m Christian Daycare Learning Center Inc reported income of $805k and spending of $853k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $984k to $805k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, L&m Christian Daycare Learning Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Latinas Unidas Por UN Nuevo Amanecer ($805k), Sunnybrook Childrens Home Foundation ($805k) and M54 Inc ($805k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $604k. At year end it held assets of $164k against liabilities of $0, net assets of $164k. It reported 41 employees.