Dalhart Area Child Care Center Inc

Analysis

Dalhart Area Child Care Center Inc is a registered charity in United States, based in Dalhart, TX. It received its IRS tax-exemption ruling in June 1975, 51 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Dalhart Area Child Care Center Inc reported income of $725k and spending of $467k, leaving 36% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $462k to $725k (+57%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 40%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dalhart Area Child Care Center 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 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include The Korean American Scholarship Foundation ($725k), Clover Area Assistance Center Inc ($725k) and Animal Welfare League of Kosciusko County Inc ($725k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 44% and program service revenue 51% of the total. Other salaries and wages came to $346k. At year end it held assets of $1.3m against liabilities of $184, net assets of $1.3m. It reported 18 employees.