Child Care Network Washtenaw Regional 4c

Analysis

Child Care Network Washtenaw Regional 4c is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Child Care Network Washtenaw Regional 4c reported income of $3.5m and spending of $3.4m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.4m to $3.5m (+41%), an average of +9.0% a year. The sharpest change came in the year to September 2021, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child Care Network Washtenaw Regional 4c sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Bread of Life Development Ministries Inc ($3.5m), DN Associates Residential Care ($3.5m) and Sacramento District Council St Vincent de Paul Society ($3.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $105k (3.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.5m against liabilities of $1.1m, net assets of $313k. It reported 36 employees.