Open Sesame Child Care Center Inc

Analysis

Open Sesame Child Care Center Inc is a registered charity in United States, based in Dixon, IL. It received its IRS tax-exemption ruling in October 2024, 2 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 June 2023, Open Sesame Child Care Center Inc reported income of $2.9m and spending of $3.4m, spending 115% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.9m (+61%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Sesame Child Care Center Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Community Impact Program Inc ($2.9m), Lubbock Meals on Wheels Inc ($2.9m) and Kanawha Valley Collective Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $109k (3.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $1.3m against liabilities of $612k, net assets of $665k. It reported 129 employees.