Island View Child Care Inc

Analysis

Island View Child Care Inc is a registered charity in United States, based in Orange Park, FL. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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 December 2023, Island View Child Care Inc reported income of $790k and spending of $822k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $716k to $790k (+10%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Island View Child Care Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Applewood Learning Center Inc ($790k), Entrepreneurs Organization ($790k) and Washington Heights Child Care Center ($790k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 94% of the total. Other salaries and wages came to $596k. At year end it held assets of $66k against liabilities of $3,241, net assets of $63k. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.