Childcare Resources of Indian River Inc

Analysis

Childcare Resources of Indian River Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in May 1995, 31 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 June 2023, Childcare Resources of Indian River Inc reported income of $2.9m and spending of $3.1m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $2.9m (+4.6%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childcare Resources of Indian River Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Collaborative for Fresh Produce ($2.9m), The Healing Center ($2.9m) and Growing Hope Globally ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $137k (4.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.0m against liabilities of $268k, net assets of $3.8m. It reported 58 employees.