Busy Bee Childcare Ministry Inc

Analysis

Busy Bee Childcare Ministry Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Busy Bee Childcare Ministry Inc reported income of $1.2m and spending of $1.2m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.0m to $1.2m (+20%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Busy Bee Childcare Ministry Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Advancing the Gospel in Angola Inc ($1.2m), Truth to Table ($1.2m) and Icna Chicago Illinois Organization ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $117k (10% of expenses). Other salaries and wages came to $664k. At year end it held assets of $62k against liabilities of $0, net assets of $62k. It reported 47 employees.