The Belvedere Tiburon Child Care Center

Analysis

The Belvedere Tiburon Child Care Center is a registered charity in United States, based in Tiburon, CA. It received its IRS tax-exemption ruling in August 1989, 37 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 2023, The Belvedere Tiburon Child Care Center reported income of $1.2m and spending of $1.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.2m (-12%), an average of -3.1% a year. The sharpest change came in the year to June 2022, when income rose by 154%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Belvedere Tiburon Child Care Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include C G Jung Educational Center of Houston Texas ($1.2m), North Carolina Association of Independent Schools ($1.2m) and Lincoln Eap Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $184k (17% of expenses). Other salaries and wages came to $479k. At year end it held assets of $4.4m against liabilities of $247, net assets of $4.4m. It reported 21 employees.