Greater Oelwein Area Early Childhood Development Center Inc

Analysis

Greater Oelwein Area Early Childhood Development Center Inc is a registered charity in United States, based in Oelwein, IA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Greater Oelwein Area Early Childhood Development Center Inc reported income of $392k and spending of $448k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $408k to $392k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Oelwein Area Early Childhood Development Center Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within IA. Charities of a similar size with the same main cause include Old Dominion University Alumni Association Incorporated ($392k), Council for Tribal Employment Rights ($392k) and Whitecaps Baseball Academy ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $335k. At year end it held assets of $489k against liabilities of $3, net assets of $489k.