Austin Childcare Providers Network

Analysis

Austin Childcare Providers Network is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2001, 25 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, Austin Childcare Providers Network reported income of $515k and spending of $564k, spending 110% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $383k to $515k (+34%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Austin Childcare Providers Network sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Community Child Care Center of the Third Ward Inc ($515k), Healing Soils Foundation ($515k) and Lighthouse Ministries of Canton ($514k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (13% of expenses). Other salaries and wages came to $134k. At year end it held assets of $515k against liabilities of $57k, net assets of $458k. It reported 5 employees.