Fresh Start Child Care Academy Inc

Analysis

Fresh Start Child Care Academy Inc is a registered charity in United States, based in Bear, DE. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Fresh Start Child Care Academy Inc reported income of $81k and spending of $285k, spending 354% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $385k to $81k (-79%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fresh Start Child Care Academy Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within DE. Charities of a similar size with the same main cause include Olympic Park Associates ($81k), Grammar Mechanics Foundation ($81k) and Chapel Hill Touchdown Association Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $3,990 (1.4% of expenses). Other salaries and wages came to $23k. At year end it held assets of $0 against liabilities of $230k, net assets of -$230k. It reported 3 employees.