Marymount Child Care Center at Jennings

Analysis

Marymount Child Care Center at Jennings is a registered charity in United States, based in Garfield Heights, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Marymount Child Care Center at Jennings reported income of $921k and spending of $809k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $640k to $921k (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marymount Child Care Center at Jennings sits at the 74th percentile: it is larger than about 74% 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 Fresenius Medical Care Foundation Inc ($921k), Ravenswood Community Daycare Inc ($921k) and Kiddie Kollege Child Care Center Inc ($921k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $48k (5.9% of expenses). Other salaries and wages came to $413k. At year end it held assets of $758k against liabilities of $0, net assets of $758k. It reported 21 employees.