Clearwater Licensed Day Care Center Inc

Analysis

Clearwater Licensed Day Care Center Inc is a registered charity in United States, based in Piedmont, MO. It received its IRS tax-exemption ruling in November 1985, 41 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 2022, Clearwater Licensed Day Care Center Inc reported income of $350k and spending of $269k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $155k to $350k (+126%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 55%. 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, Clearwater Licensed Day Care Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MO. Charities of a similar size with the same main cause include Capitol Resource Institute ($350k), Artlink Inc ($350k) and Little League Baseball Inc ($350k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $183k. At year end it held assets of $373k against liabilities of $8,784, net assets of $364k. It reported 14 employees.