Sara Beegle Child Care Center

Analysis

Sara Beegle Child Care Center is a registered charity in United States, based in Galion, OH. It received its IRS tax-exemption ruling in May 1950, 76 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 December 2023, Sara Beegle Child Care Center reported income of $348k and spending of $342k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $350k to $348k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sara Beegle Child Care Center sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include 101-105 South Eighth Street Apts Housing Development Fund Corp ($348k), Sugar River Senior Center Inc ($348k) and Disciples Homes of Northeast Texas Inc ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $35k (10% of expenses). Other salaries and wages came to $195k. At year end it held assets of $879k against liabilities of $5,374, net assets of $874k. It reported 14 employees.