Hands on Daycare Inc

Analysis

Hands on Daycare Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in March 2004, 22 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, Hands on Daycare Inc reported income of $908k and spending of $660k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $908k (+224%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands on Daycare Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within WV. Charities of a similar size with the same main cause include Missaukee County Commission on Aging ($908k), Healing Warriors Program ($908k) and Raintree Village Childrens Foundation Inc ($908k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $154k (23% of expenses). Other salaries and wages came to $238k. At year end it held assets of $603k against liabilities of $0, net assets of $603k.