St Peters Child Care Center Inc

Analysis

St Peters Child Care Center Inc is a registered charity in United States, based in Lakewood, OH. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, St Peters Child Care Center Inc reported income of $1.0m and spending of $780k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $628k to $1.0m (+66%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 45%. 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, St Peters Child Care Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Family Support Center Inc ($1.0m), Young Womens Christian Association of the National Capital Area ($1.0m) and Congruent Lives Inc ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $470k. At year end it held assets of $497k against liabilities of $3,140, net assets of $494k. It reported 17 employees.