Alices Rainbow Childcare Center Inc

Analysis

Alices Rainbow Childcare Center Inc is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in September 1994, 32 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 June 2024, Alices Rainbow Childcare Center Inc reported income of $454k and spending of $490k, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $533k to $454k (-15%), an average of -3.2% a year. The sharpest change came in the year to June 2020, when income dropped by 24%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alices Rainbow Childcare Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Fox Valley Family Practice Residency in Appleton Inc ($454k), Rushville Public Library ($454k) and Huntington Boys Club Inc ($454k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.0% and program service revenue 90% of the total. Other salaries and wages came to $375k. At year end it held assets of $167k against liabilities of $531, net assets of $167k. It reported 46 employees.