Child Care of Southwest Florida Inc

Analysis

Child Care of Southwest Florida Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in December 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Child Care of Southwest Florida Inc reported income of $15.0m and spending of $13.8m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.8m to $15.0m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child Care of Southwest Florida Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include The Food Basket Inc ($15.0m), Knute Nelson ($15.0m) and Kno-Ho-Co-Ashland Community Action Commission ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $298k (2.2% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $5.9m against liabilities of $1.9m, net assets of $4.0m. It reported 116 employees.