Learning Patch Child Care Center Inc

Analysis

Learning Patch Child Care Center Inc is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in November 1990, 36 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, Learning Patch Child Care Center Inc reported income of $262k and spending of $262k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $262k (+3.2%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Learning Patch Child Care Center Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 53rd percentile within ND. Charities of a similar size with the same main cause include Metro Atlanta Urban Farm in College Park Inc ($262k), Cape May Community Food Closet Inc ($262k) and Selah Mountain Ranch ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 96% of the total. Other salaries and wages came to $162k. At year end it held assets of $199k against liabilities of $0, net assets of $199k.