Ministerial Day Care Association

Analysis

Ministerial Day Care Association is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in October 1980, 46 years ago. 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 January 2024, Ministerial Day Care Association reported income of $924k and spending of $1.1m, spending 116% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $957k to $924k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to January 2023, when income rose by 24%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ministerial Day Care Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Zuni Christian Mission School ($924k), Zero Waste Washington ($924k) and Northside Leadership Conference ($924k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. Other salaries and wages came to $493k. At year end it held assets of $1.6m against liabilities of $3.7m, net assets of -$2.1m. It reported 27 employees.