Childcaring Inc

Analysis

Childcaring Inc is a registered charity in United States, based in Mosinee, WI. It received its IRS tax-exemption ruling in August 1991, 35 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 December 2023, Childcaring Inc reported income of $2.0m and spending of $1.4m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.0m (+66%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childcaring Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Families Forward ($2.0m), Preston Hollow Presbyterian Church ($2.0m) and Food Now Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $69k (4.9% of expenses). Other salaries and wages came to $471k. At year end it held assets of $1.1m against liabilities of $63k, net assets of $1.0m. It reported 14 employees.