Howard County Child Care Association

Analysis

Howard County Child Care Association is a registered charity in United States, based in Cresco, IA. It received its IRS tax-exemption ruling in July 1991, 35 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, Howard County Child Care Association reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $727k to $1.1m (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Howard County Child Care Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within IA. Charities of a similar size with the same main cause include Trinity in Home Care Inc ($1.1m), Second Sense ($1.1m) and Sauk Prairie Memorial Hospital Foundation Ltd ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 92% of the total. Other salaries and wages came to $838k. At year end it held assets of $1.2m against liabilities of $50k, net assets of $1.2m. It reported 20 employees.