Van Wert County Day Care Center Inc

Analysis

Van Wert County Day Care Center Inc is a registered charity in United States, based in Van Wert, OH. It received its IRS tax-exemption ruling in December 1979, 47 years ago. 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 June 2024, Van Wert County Day Care Center Inc reported income of $1.1m and spending of $972k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $717k to $1.1m (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Van Wert County Day Care 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 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Box Elder Community Pantry ($1.1m), DDP Bike Share Corporation ($1.1m) and Hancock County Agricultural Society ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $11k (1.1% of expenses). Other salaries and wages came to $598k. At year end it held assets of $1.6m against liabilities of $24k, net assets of $1.6m. It reported 52 employees.