Story Time Childcare Center

Analysis

Story Time Childcare Center is a registered charity in United States, based in Maxwell, IA. It received its IRS tax-exemption ruling in June 1991, 35 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, Story Time Childcare Center reported income of $260k and spending of $330k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $260k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Story Time Childcare Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within IA. Charities of a similar size with the same main cause include Pregnancy Support Center of Carroll County ($260k), PKS Christian Learning Site Inc ($260k) and Flushing Christian Outreach Center ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $71k (22% of expenses). Other salaries and wages came to $181k. At year end it held assets of $92k against liabilities of $16k, net assets of $76k. It reported 15 employees.