Jan Peterson Child Day Care Center Inc

Analysis

Jan Peterson Child Day Care Center Inc is a registered charity in United States, based in Moreno Valley, CA. It received its IRS tax-exemption ruling in September 2003, 23 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, Jan Peterson Child Day Care Center Inc reported income of $2.1m and spending of $2.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jan Peterson Child Day Care Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Safe House for Women Inc ($2.1m), Tacoma Teachers Home Association ($2.1m) and Womens Information Service Wise of the Upper Valley Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $3.0m against liabilities of $2.0m, net assets of $959k. It reported 49 employees.