Peck Child Development Center Inc

Analysis

Peck Child Development Center Inc is a registered charity in United States, based in Newton, 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 December 2023, Peck Child Development Center Inc reported income of $435k and spending of $469k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $466k to $435k (-6.6%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peck Child Development Center Inc sits at the 66th 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 70th percentile within IA. Charities of a similar size with the same main cause include Knoxville Amateur Hockey Association ($435k), Ellinwood Area Health Foundation ($435k) and Kansas Association of Community Action Programs Inc ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 95% of the total. Other salaries and wages came to $329k. At year end it held assets of $599k against liabilities of $2,060, net assets of $597k. It reported 26 employees.