Child Care Connections of Cleveland County Inc

Analysis

Child Care Connections of Cleveland County Inc is a registered charity in United States, based in Shelby, NC. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Child Care Connections of Cleveland County Inc reported income of $834k and spending of $815k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $849k to $834k (-1.8%), an average of -0.6% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Child Care Connections of Cleveland County Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Escambia County Public Schools Foundation for Excellence Inc ($834k), Satori Elementary School ($834k) and Crater Lake Electrical Joint Apprenticeship & Training Trust Fu ($834k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $100k (12% of expenses). Other salaries and wages came to $224k. At year end it held assets of $146k against liabilities of $3,626, net assets of $142k. It reported 11 employees.