Middlebury Day Care Ministry

Analysis

Middlebury Day Care Ministry is a registered charity in United States, based in Middlebury, IN. It received its IRS tax-exemption ruling in November 1994, 32 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, Middlebury Day Care Ministry reported income of $612k and spending of $629k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $357k to $612k (+71%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 55%. 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, Middlebury Day Care Ministry sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Foundation Industries Inc ($612k), Yad Dovid Inc ($612k) and Agape Early Childhood Learning Development & Family Life Cen Inc ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $40k (6.4% of expenses). Other salaries and wages came to $457k. At year end it held assets of $394k against liabilities of $608, net assets of $393k.