Childrens Choice Child Care Service Inc

Analysis

Childrens Choice Child Care Service Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 1997, 29 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 July 2023, Childrens Choice Child Care Service Inc reported income of $5.1m and spending of $4.3m, spending 84% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $4.0m to $5.1m (+28%), an average of +8.5% a year. The sharpest change came in the year to July 2022, when income rose by 182%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Choice Child Care Service Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within NM. Charities of a similar size with the same main cause include Vibrant Futures ($5.1m), Give Every Child a Chance ($5.1m) and FL Developmental Disabilities Council ($5.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 7.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $211k (4.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $9.1m against liabilities of $311k, net assets of $8.8m. It reported 149 employees.