Community Child Care Center of Delray Beach Foundation Inc

Analysis

Community Child Care Center of Delray Beach Foundation Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Community Child Care Center of Delray Beach Foundation Inc reported income of $6.3m and spending of $1.4m, leaving 79% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.1m to $6.3m (+102%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 343%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Child Care Center of Delray Beach Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Saginaw Community Foundation ($6.3m), Stratis Health ($6.3m) and United Jewish Federation of Northeastern Ny Inc ($6.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $134k (9.8% of expenses). Other salaries and wages came to $38k. At year end it held assets of $21.5m against liabilities of $1.8m, net assets of $19.7m.