Downtown Hampton Child Care Council Inc

Analysis

Downtown Hampton Child Care Council Inc is a registered charity in United States, based in Hampton, VA. It received its IRS tax-exemption ruling in September 1972, 54 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 June 2023, Downtown Hampton Child Care Council Inc reported income of $2.1m and spending of $1.6m, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $2.1m (+39%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Downtown Hampton Child Care Council Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Housing Opportunities for Persons with Exceptionalities Inc ($2.1m), A Little More Support ($2.1m) and MDFT International Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $89k (5.5% of expenses). Other salaries and wages came to $890k. At year end it held assets of $3.0m against liabilities of $13k, net assets of $3.0m. It reported 35 employees.