Community Day Care Center Inc

Analysis

Community Day Care Center Inc is a registered charity in United States, based in Pampa, TX. It received its IRS tax-exemption ruling in January 1978, 48 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 December 2023, Community Day Care Center Inc reported income of $1.2m and spending of $1.5m, spending 126% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $823k to $1.2m (+47%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Day Care Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Notre Dame Education Center ($1.2m), Oregon Criminal Defense Lawyers Association ($1.2m) and Habitat for Humanity International Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $50k (3.3% of expenses). Other salaries and wages came to $710k. At year end it held assets of $461k against liabilities of $73k, net assets of $388k. It reported 51 employees.