Model City Day Care Center Inc

Analysis

Model City Day Care Center Inc is a registered charity in United States, based in Pikeville, KY. It received its IRS tax-exemption ruling in January 1975, 51 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 2024, Model City Day Care Center Inc reported income of $1.4m and spending of $1.2m, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $520k to $1.4m (+174%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Model City Day Care Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within KY. Charities of a similar size with the same main cause include Loisanns Hope House ($1.4m), Central Connections Inc ($1.4m) and Circle Center Adult Day Services ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 53% of the total. Other salaries and wages came to $848k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 42 employees.