Humboldt Community Daycare Inc

Analysis

Humboldt Community Daycare Inc is a registered charity in United States, based in Dakota City, IA. It received its IRS tax-exemption ruling in December 2014, 12 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 June 2024, Humboldt Community Daycare Inc reported income of $717k and spending of $697k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $405k to $717k (+77%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Humboldt Community Daycare Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include Family Resource Network Inc ($717k), The Arc Community Advocates ($717k) and Adult Enrichment Services of Wilkes ($717k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $442k. At year end it held assets of $1.3m against liabilities of $812k, net assets of $509k. It reported 58 employees.