Sanborn Daycare Association

Analysis

Sanborn Daycare Association is a registered charity in United States, based in Sanborn, IA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sanborn Daycare Association reported income of $288k and spending of $354k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $288k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sanborn Daycare Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include Rapidan Volunteer Fire Department Inc ($288k), The Essential Theatre ($288k) and LA Oportunidad ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $9,103 (2.6% of expenses). Other salaries and wages came to $241k. At year end it held assets of $396k against liabilities of $5,766, net assets of $391k. It reported 31 employees.