Child Care Choices Inc

Analysis

Child Care Choices Inc is a registered charity in United States, based in Waite Park, MN. It received its IRS tax-exemption ruling in June 1978, 48 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, Child Care Choices Inc reported income of $15.5m and spending of $15.5m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.9m to $15.5m (+20%), an average of +4.7% a year. The sharpest change came in the year to September 2021, when income rose by 81%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Child Care Choices 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 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include World Ort Inc ($15.5m), Clara Martin Center Inc ($15.5m) and Echo Community Health Care Inc ($15.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $121k (0.8% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.1m against liabilities of $1.7m, net assets of $406k. It reported 39 employees.