Child Care Connections of Burke County Inc

Analysis

Child Care Connections of Burke County Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in April 1996, 30 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, Child Care Connections of Burke County Inc reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $943k to $1.7m (+85%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 68%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child Care Connections of Burke County 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 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Hospice of Redmond ($1.7m), Assisted Living Foundation of America ($1.7m) and Adelante Thrift Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Other salaries and wages came to $247k. At year end it held assets of $42k against liabilities of $14k, net assets of $28k. It reported 4 employees.