Waco Child Care Inc

Analysis

Waco Child Care Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in October 1982, 44 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 September 2023, Waco Child Care Inc reported income of $1.4m and spending of $895k, leaving 34% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $819k to $1.4m (+65%), an average of +18% a year. The sharpest change came in the year to September 2022, when income rose by 55%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waco Child Care Inc 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 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Shelter Available for Family Emer- Gency Safe Inc of Transylvania Cty ($1.4m), Charles House Association ($1.4m) and Elevation Scholars Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 6.6% of the total. Other salaries and wages came to $476k. At year end it held assets of $2.8m against liabilities of $17k, net assets of $2.8m. It reported 34 employees.