Sterling Rock Falls Day Care Center

Analysis

Sterling Rock Falls Day Care Center is a registered charity in United States, based in Sterling, IL. It received its IRS tax-exemption ruling in July 1977, 49 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 June 2023, Sterling Rock Falls Day Care Center reported income of $987k and spending of $1.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $987k (-5.6%), an average of -1.4% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sterling Rock Falls Day Care Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Share International ($987k), Youth & Family Counseling Agency of Oyster Bay-East Norwich Inc ($987k) and The Open Door Inc ($987k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $713k. At year end it held assets of $1.4m against liabilities of $636k, net assets of $754k. It reported 42 employees.