Child Care Network Inc

Analysis

Child Care Network Inc is a registered charity in United States, based in Seymour, IN. It received its IRS tax-exemption ruling in August 1990, 36 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 September 2023, Child Care Network Inc reported income of $1.3m and spending of $1.6m, spending 121% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $844k to $1.3m (+58%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 53%. 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, Child Care Network Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Teen Health Mississippi ($1.3m), Change Machine ($1.3m) and Refugee Development Center ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $2.0m against liabilities of $714k, net assets of $1.3m. It reported 53 employees.