Nist Child Care Association Inc

Analysis

Nist Child Care Association Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in August 1984, 42 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Nist Child Care Association Inc reported income of $2.2m and spending of $2.1m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $2.2m (+20%), an average of +4.7% a year. The sharpest change came in the year to September 2021, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nist Child Care Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Communities in Schools of Nova Inc ($2.2m), Handi-Shop Inc ($2.2m) and Project Kesher ($2.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $91k (4.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.2m against liabilities of $173k, net assets of $1.0m. It reported 40 employees.