Suwannee Valley Community Coordinated Child Care Inc

Analysis

Suwannee Valley Community Coordinated Child Care Inc is a registered charity in United States, based in Lake City, FL. It received its IRS tax-exemption ruling in August 1987, 39 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 September 2023, Suwannee Valley Community Coordinated Child Care Inc reported income of $7.0m and spending of $7.1m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.8m to $7.0m (+20%), an average of +4.7% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Suwannee Valley Community Coordinated Child Care Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Golden State Family Services Inc ($7.0m), Haitian Americans United for Progress ($7.0m) and Dignity Health Connected Living ($7.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $110k (1.5% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $3.0m against liabilities of $345k, net assets of $2.6m. It reported 174 employees.