Willow Lake Community Day Care

Analysis

Willow Lake Community Day Care is a registered charity in United States, based in Willow Lake, SD. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Willow Lake Community Day Care reported income of $58k and spending of $80k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $65k to $58k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Willow Lake Community Day Care sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 17th percentile within SD. Charities of a similar size with the same main cause include Strength to Strength Inc ($58k), Gerald Oram Family Support Foundation ($58k) and Service League of Morgantown ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. At year end it held assets of $31k against liabilities of $158, net assets of $30k.