Child Care Resource and Referral Inc

Analysis

Child Care Resource and Referral Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in January 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Child Care Resource and Referral Inc reported income of $22.7m and spending of $22.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.3m to $22.7m (+6.7%), an average of +1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. 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, Child Care Resource and Referral Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Rural Transit Enterprises Coordinated Incorporation ($22.7m), Dr Gertrude a Barber in Home Services Inc ($22.7m) and Little Friends Inc ($22.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $500k (2.2% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $9.2m against liabilities of $1.4m, net assets of $7.8m. It reported 198 employees.