Meadow Park Day Care Center

Analysis

Meadow Park Day Care Center is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in October 1970, 56 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 December 2023, Meadow Park Day Care Center reported income of $438k and spending of $459k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $401k to $438k (+9.2%), an average of +2.2% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meadow Park Day Care Center sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Albert Gallatin Human Services Agency Inc ($438k), Oregon Outreach Inc ($438k) and Community of Care ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $345k. At year end it held assets of $136k against liabilities of $2,101, net assets of $134k. It reported 13 employees.