Morris Area Childcare Center

Analysis

Morris Area Childcare Center is a registered charity in United States, based in Morris, MN. It received its IRS tax-exemption ruling in January 1995, 31 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 December 2023, Morris Area Childcare Center reported income of $684k and spending of $710k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $684k (+112%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morris Area Childcare Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Northeast Oregon Area Health Education Center Inc ($684k), Martin Luther King Center-Kitchen for the Poor Inc ($684k) and Charitable Care Foundation ($683k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 88% of the total. Other salaries and wages came to $511k. At year end it held assets of $156k against liabilities of $0, net assets of $156k. It reported 43 employees.