Edgewood Community Childcare and Learning Center
Analysis
Edgewood Community Childcare and Learning Center is a registered charity in United States, based in Edgewood, IA. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Edgewood Community Childcare and Learning Center reported income of $721k and spending of $567k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $371k to $721k (+95%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 93% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Edgewood Community Childcare and Learning Center 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 75th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include Featherfist Development Corporation Npo ($721k), Metacomet Homes Inc ($722k) and Notre Dame Senior Housing Corp ($721k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $52k (9.2% of expenses). Other salaries and wages came to $292k. At year end it held assets of $741k against liabilities of $163k, net assets of $578k. It reported 28 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 52%
- Other 28%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Featherfist Development Corporation Npo | Chicago | $721k |
| Metacomet Homes Inc | East Granby | $722k |
| Notre Dame Senior Housing Corp | Denver | $721k |
| Courtyard Affordable Housing Corp | Augusta | $722k |