Child Care Center

Analysis

Child Care Center is a registered charity in United States, based in Conneaut, OH. It received its IRS tax-exemption ruling in July 1991, 35 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 December 2023, Child Care Center reported income of $475k and spending of $537k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $475k (+1.1%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Child Care Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Western Albermarle Rescue Squad Inc ($475k), World Privacy Forum ($475k) and St Marys Housing Corporation Inc ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $73k (14% of expenses). At year end it held assets of $273k against liabilities of $3,327, net assets of $269k. It reported 21 employees.