Educational Child Care Center
Analysis
Educational Child Care Center is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Educational Child Care Center reported income of $1.8m and spending of $2.2m, spending 124% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.7m to $1.8m (-35%), an average of -10% a year. The sharpest change came in the year to September 2022, when income rose by 45%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Educational Child Care Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include Family of Care Alliance Inc ($1.8m), Developmental Educational Assistance Program of Southeastern ($1.8m) and Refugee Development Center Inc ($1.8m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $47k (2.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $596k against liabilities of $454k, net assets of $142k. It reported 70 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 88%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Family of Care Alliance Inc | Laplata | $1.8m |
| Developmental Educational Assistance Program of Southeastern | Miles City | $1.8m |
| Refugee Development Center Inc | Providence | $1.8m |
| World Ministry Fellowship | Monroe | $1.8m |