Island Village Childcare

Analysis

Island Village Childcare is a registered charity in United States, based in Vinalhaven, ME. It received its IRS tax-exemption ruling in August 2010, 16 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 September 2023, Island Village Childcare reported income of $195k and spending of $203k, spending 104% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $123k to $195k (+59%), an average of +59% a year. The sharpest change came in the year to September 2023, when income rose by 59%. 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, Island Village Childcare sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 46th percentile within ME. Charities of a similar size with the same main cause include Payne Hollow on the Ohio Inc ($195k), Moroccan American Community Organization Incorporated ($196k) and Childrens Welfare and Development Fund Inc ($195k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.