Kings Daughters Child Care Centers Inc

Analysis

Kings Daughters Child Care Centers Inc is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in March 1941, 85 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 December 2023, Kings Daughters Child Care Centers Inc reported income of $1.5m and spending of $952k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $912k to $1.5m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kings Daughters Child Care Centers Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within WV. Charities of a similar size with the same main cause include Families Moving Forward ($1.5m), Kollel of Greater Boston Inc ($1.5m) and Belchertown Day School Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $82k (8.6% of expenses). Other salaries and wages came to $579k. At year end it held assets of $4.9m against liabilities of $26k, net assets of $4.9m. It reported 37 employees.