Our Child Care Inc

Analysis

Our Child Care Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Our Child Care Inc reported income of $1.4m and spending of $1.5m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.4m (-1.0%), an average of -0.2% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Child Care Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Agape Angels Academy Child Development Center ($1.4m), Hawkeye Harvest Food Bank Corporation ($1.4m) and Fitness Fun & Games Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $746k. At year end it held assets of $554k against liabilities of $507k, net assets of $47k. It reported 27 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.