Child Care Resorce Center Inc

Analysis

Child Care Resorce Center Inc is a registered charity in United States, based in Opelika, AL. It received its IRS tax-exemption ruling in October 1990, 36 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, Child Care Resorce Center Inc reported income of $1.1m and spending of $1.2m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $857k to $1.1m (+34%), an average of +7.5% a year. The sharpest change came in the year to September 2022, when income rose by 24%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child Care Resorce Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include West River Transit ($1.1m), Gratitude Foundation Inc ($1.1m) and 2800 American Street Company ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $633k. At year end it held assets of $368k against liabilities of $113k, net assets of $255k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.