Fun Time Early Childhood Academy Inc

Analysis

Fun Time Early Childhood Academy Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in October 1964, 62 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, Fun Time Early Childhood Academy Inc reported income of $2.9m and spending of $2.3m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.9m (+72%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fun Time Early Childhood Academy Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Camp High Hopes ($2.9m), Nishna Valley Family Young Mens Christian Association ($2.9m) and Walla Walla Senior Citizens Center Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $163k (7.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.0m against liabilities of $107k, net assets of $6.9m. It reported 34 employees.