Childcare Resource Network Inc

Analysis

Childcare Resource Network Inc is a registered charity in United States, based in Fort Payne, AL. It received its IRS tax-exemption ruling in May 2023, 3 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 Resource Network Inc reported income of $6.0m and spending of $5.4m, spending 90% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $4.3m to $6.0m (+37%), an average of +37% a year. The sharpest change came in the year to September 2023, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childcare Resource Network Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include Clearfield County Area Agency on Aging Inc ($6.0m), Selfhelp Special Family Home Care Inc ($6.0m) and Prevention 305 Inc ($6.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $2.2m against liabilities of $618k, net assets of $1.6m. It reported 139 employees.