R Club Child Care Inc

Analysis

R Club Child Care Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in March 1977, 49 years ago. 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 September 2023, R Club Child Care Inc reported income of $24.9m and spending of $22.9m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $22.0m to $24.9m (+13%), an average of +3.1% a year. The sharpest change came in the year to September 2022, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, R Club Child Care Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Christ in Youth Inc ($24.9m), Hospice of the Treasure Coast Inc ($24.9m) and Centro de LA Familia de Utah ($24.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $423k (1.8% of expenses). Other salaries and wages came to $12.9m. At year end it held assets of $26.1m against liabilities of $3.5m, net assets of $22.6m. It reported 582 employees.