Piedmont Child Care Center Inc

Analysis

Piedmont Child Care Center Inc is a registered charity in United States, based in Upperville, VA. It received its IRS tax-exemption ruling in February 1987, 39 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 2023, Piedmont Child Care Center Inc reported income of $804k and spending of $894k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $575k to $804k (+40%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Piedmont Child Care Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Lonoke County Safe Haven Inc ($803k), We Care of Kokomo Inc ($804k) and Swan Lake Christian Camp Association ($803k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $50k (5.6% of expenses). Other salaries and wages came to $513k. At year end it held assets of $1.7m against liabilities of $19k, net assets of $1.7m. It reported 30 employees.