The Foundation for Child Care Inc

Analysis

The Foundation for Child Care Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in March 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Foundation for Child Care Inc reported income of $1.6m and spending of $1.3m, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $975k to $1.6m (+68%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Foundation for Child Care Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within AL. Charities of a similar size with the same main cause include Thomas House Temporary Shelter ($1.6m), Boys & Girls Clubs of the Tar River Region Inc ($1.6m) and Center for Digital Resilience ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $692k. At year end it held assets of $1.3m against liabilities of $3,899, net assets of $1.3m. It reported 29 employees.