Faith Lutheran Child Care Center Inc

Analysis

Faith Lutheran Child Care Center Inc is a registered charity in United States, based in Cameron, WI. It received its IRS tax-exemption ruling in September 2011, 15 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, Faith Lutheran Child Care Center Inc reported income of $261k and spending of $311k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $264k to $261k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith Lutheran Child Care Center Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include Lincoln Before and After School Program ($261k), Joshua Community Connectors Inc ($261k) and Heart to Heart Cac Harvey Marion McPherson Cac Inc ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $75k (24% of expenses). Other salaries and wages came to $156k. At year end it held assets of $272k against liabilities of $366k, net assets of -$94k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.