Community Ridge Day Care Center Inc

Analysis

Community Ridge Day Care Center Inc is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in May 1980, 46 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 August 2024, Community Ridge Day Care Center Inc reported income of $128k and spending of $243k, spending 189% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income fell from $255k to $128k (-50%), an average of -13% a year. The sharpest change came in the year to August 2022, when income rose by 76%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Ridge Day Care Center Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Feed Gods Hungry Children Inc ($128k), East Bay Housing Options Inc ($128k) and Food for Thought Inc ($128k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 86% and program service revenue 10% of the total. Other salaries and wages came to $171k. At year end it held assets of $155k against liabilities of $4,697, net assets of $150k. It reported 4 employees.