Kids Corner Child Care Center

Analysis

Kids Corner Child Care Center is a registered charity in United States, based in Saint Peter, MN. It received its IRS tax-exemption ruling in May 1991, 35 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, Kids Corner Child Care Center reported income of $764k and spending of $750k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $544k to $764k (+40%), an average of +8.8% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids Corner Child Care Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include South Central United ($764k), City Center Transitional Living Inc ($764k) and East Boston Community Council Inc ($763k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Other salaries and wages came to $446k. At year end it held assets of $281k against liabilities of $0, net assets of $281k. It reported 30 employees.