Tama County Day Care Inc

Analysis

Tama County Day Care Inc is a registered charity in United States, based in Toledo, IA. It received its IRS tax-exemption ruling in October 1981, 45 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tama County Day Care Inc reported income of $444k and spending of $498k, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $559k to $444k (-20%), an average of -7.4% a year. The sharpest change came in the year to June 2021, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tama County Day Care Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Columbus Home Association of Quincy Inc ($444k), Bethany College Endownment Fund ($444k) and Foundation for Home Health Inc ($444k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $43k (8.7% of expenses). Other salaries and wages came to $235k. At year end it held assets of $259k against liabilities of $93k, net assets of $166k. It reported 37 employees.