Sterrs Day Care Center Inc

Analysis

Sterrs Day Care Center Inc is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in January 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 December 2023, Sterrs Day Care Center Inc reported income of $166k and spending of $120k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $166k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sterrs Day Care Center Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within AL. Charities of a similar size with the same main cause include Suburban Adult Services Foundation Inc ($166k), Jacksonville Area Community Food Center Inc ($166k) and Fund to Aid Ukraine Inc ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $72k (60% of expenses). Other salaries and wages came to $1,573. At year end it held assets of $140k against liabilities of $0, net assets of $140k. It reported 6 employees.