Faith Child Care Inc
Analysis
Faith Child Care Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in July 1941, 85 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Faith Child Care Inc reported income of $1.1m and spending of $887k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $760k to $1.1m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 89% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith Child Care Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within WI. Charities of a similar size with the same main cause include Good Neighbors Thrift Shop Inc ($1.1m), Leap Innovations ($1.1m) and Good Stewards Inc ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Other salaries and wages came to $646k. At year end it held assets of $757k against liabilities of $7,786, net assets of $749k. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 75%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Good Neighbors Thrift Shop Inc | Lenoir City | $1.1m |
| Leap Innovations | Chicago | $1.1m |
| Good Stewards Inc | Jefferson | $1.1m |
| Ferris Christian Academy | Ferris | $1.1m |