Roseland Community Good News Day Care Corp

Analysis

Roseland Community Good News Day Care Corp is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1998, 28 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, Roseland Community Good News Day Care Corp reported income of $322k and spending of $369k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $322k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roseland Community Good News Day Care Corp sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Oklahoma Assistive Technology Foundation ($322k), Brydges Centre ($322k) and Odyssey Foundation of Ny Inc ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $43k (12% of expenses). Other salaries and wages came to $133k. At year end it held assets of $1.2m against liabilities of $29k, net assets of $1.2m. It reported 11 employees.