Kings and Queens Day Care Center Inc a New Non-Profit Tenn Corp

Analysis

Kings and Queens Day Care Center Inc a New Non-Profit Tenn Corp is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 1994, 32 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 March 2023, Kings and Queens Day Care Center Inc a New Non-Profit Tenn Corp reported income of $1.5m and spending of $953k, leaving 37% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $517k to $1.5m (+195%), an average of +43% a year. The sharpest change came in the year to March 2023, when income rose by 81%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kings and Queens Day Care Center Inc a New Non-Profit Tenn Corp sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Project R I G H T Inc ($1.5m), Avalon a Center for Women and Children ($1.5m) and Akron-Caton Regional Foodbank Endowment ($1.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $130k (14% of expenses). Other salaries and wages came to $433k. At year end it held assets of $1.2m against liabilities of $3,628, net assets of $1.2m. It reported 31 employees.