Rosemarys Daycare & Learning Center

Analysis

Rosemarys Daycare & Learning Center is a registered charity in United States, based in Belzoni, MS. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rosemarys Daycare & Learning Center reported income of $177k and spending of $285k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $177k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rosemarys Daycare & Learning Center sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within MS. Charities of a similar size with the same main cause include East Kentucky Dream Center Inc ($177k), Low Vision Resource Center ($177k) and Homes of Hope Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $72k (25% of expenses). Other salaries and wages came to $65k. At year end it held assets of $308k against liabilities of $333k, net assets of -$26k. It reported 8 employees.