Truman Daycare & Learning Center Inc

Analysis

Truman Daycare & Learning Center Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Truman Daycare & Learning Center Inc reported income of $436k and spending of $542k, spending 124% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $213k to $436k (+104%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Truman Daycare & Learning Center Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within LA. Charities of a similar size with the same main cause include Family Care Center ($436k), Lifeline Inc ($436k) and Spirit of Faith Adoptions Inc ($436k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $200k. At year end it held assets of $99k against liabilities of $114k, net assets of -$15k.