Valley Day Care Inc

Analysis

Valley Day Care Inc is a registered charity in United States, based in Clinton, IN. It received its IRS tax-exemption ruling in April 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Valley Day Care Inc reported income of $321k and spending of $365k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $321k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Day Care Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Jefferson Senior Citizens Center Inc ($321k), Raise for Rowyn ($321k) and Foreseeable Future Foundation Inc ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $59k (16% of expenses). Other salaries and wages came to $185k. At year end it held assets of $431k against liabilities of $7,738, net assets of $423k. It reported 16 employees.