Farmers Union Developmental Day Care Inc

Analysis

Farmers Union Developmental Day Care Inc is a registered charity in United States, based in Clarkton, NC. It received its IRS tax-exemption ruling in January 1998, 28 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, Farmers Union Developmental Day Care Inc reported income of $205k and spending of $187k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $205k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farmers Union Developmental Day Care Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Friends of International Institute of Milwaukee County Inc ($205k), Starfish Project Foundation ($205k) and Bread of Life Community Food Pantry Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $118k. At year end it held assets of $157k against liabilities of $153k, net assets of $4,073. It reported 8 employees.