Big Oak Child Care Center Inc
Analysis
Big Oak Child Care Center Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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 August 2023, Big Oak Child Care Center Inc reported income of $1.1m and spending of $994k, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $698k to $1.1m (+62%), an average of +13% a year. The sharpest change came in the year to August 2021, when income rose by 66%. Over the whole period it spent 95% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Oak Child Care Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WI. Charities of a similar size with the same main cause include Agape Ranch ($1.1m), The Towers Foundation Inc ($1.1m) and The Childrens Place ($1.1m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $93k (9.3% of expenses). Other salaries and wages came to $511k. At year end it held assets of $1.0m against liabilities of $461k, net assets of $554k. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 77%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Agape Ranch | Corp Christi | $1.1m |
| The Towers Foundation Inc | New Haven | $1.1m |
| The Childrens Place | Wasilla | $1.1m |
| New York Lathers Apprenticeship Fund | Woodside | $1.1m |