Mount Zion Day Care Center Inc

Analysis

Mount Zion Day Care Center Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mount Zion Day Care Center Inc reported income of $344k and spending of $323k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $344k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mount Zion Day Care Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Gifts From the Heart Food Bank ($343k), Tomas Ventures Residence Ltd ($344k) and Colorado East Community Action Agency ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $40k (12% of expenses). Other salaries and wages came to $151k. At year end it held assets of $278k against liabilities of $3,247, net assets of $275k. It reported 1 employees.