Fairmount Christian Child Care

Analysis

Fairmount Christian Child Care is a registered charity in United States, based in Mechanicsvlle, VA. It received its IRS tax-exemption ruling in September 2016, 10 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, Fairmount Christian Child Care reported income of $470k and spending of $505k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $528k to $470k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fairmount Christian Child Care sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Faithcentre ($470k), Bienvenu Counseling Services Inc ($470k) and City Life Center Inc ($470k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $64k (13% of expenses). Other salaries and wages came to $261k. At year end it held assets of $199k against liabilities of $2,696, net assets of $196k. It reported 43 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.