Childcare Resources

Analysis

Childcare Resources is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in October 1984, 42 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 September 2023, Childcare Resources reported income of $8.3m and spending of $8.4m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $8.3m (+403%), an average of +50% a year. The sharpest change came in the year to September 2021, when income rose by 186%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childcare Resources sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include Partners in Child Development Inc ($8.3m), Family Service Inc ($8.3m) and California Foundation for Independent Living Centers ($8.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $121k (1.5% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $1.5m against liabilities of $1.1m, net assets of $368k. It reported 86 employees.