Family Central Child Care Centers Inc

Analysis

Family Central Child Care Centers Inc is a registered charity in United States, based in Wilton Manors, FL. It received its IRS tax-exemption ruling in March 1989, 37 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, Family Central Child Care Centers Inc reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.2m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Central Child Care Centers Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Capitol Hill Village ($1.2m), Open Arms of Fort Pierce Inc ($1.2m) and Panhandle Special Needs Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $828k. At year end it held assets of $292k against liabilities of $1.1m, net assets of -$832k. 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.