Child Care Resource Center

Analysis

Child Care Resource Center is a registered charity in United States, based in Lorain, OH. It received its IRS tax-exemption ruling in May 1989, 37 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 June 2023, Child Care Resource Center reported income of $3.7m and spending of $3.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $3.7m (+94%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 38%. 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, Child Care Resource Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Helping Hands Project Organization ($3.7m), The Place ($3.7m) and Communities in Schools of the Heart of Texas ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $109k (3.0% of expenses). Other salaries and wages came to $900k. At year end it held assets of $845k against liabilities of $273k, net assets of $572k. It reported 18 employees.