Ashtabula County Day Care Center Inc

Analysis

Ashtabula County Day Care Center Inc is a registered charity in United States, based in Ashtabula, OH. It received its IRS tax-exemption ruling in June 1971, 55 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, Ashtabula County Day Care Center Inc reported income of $2.0m and spending of $2.1m, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.5m to $2.0m (+37%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ashtabula County Day Care Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Alaska Institute for Justice ($2.0m), CGLR Foundation ($2.0m) and Family Promise of Monroe County Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $74k (3.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.3m against liabilities of $67k, net assets of $1.2m. It reported 65 employees.