Handprints Christian Early Learning Center Inc

Analysis

Handprints Christian Early Learning Center Inc is a registered charity in United States, based in Sterling HTS, MI. It received its IRS tax-exemption ruling in November 2007, 19 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, Handprints Christian Early Learning Center Inc reported income of $620k and spending of $677k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $558k to $620k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 74%. 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, Handprints Christian Early Learning Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Quanta Cares ($620k), Golden Rule Charities - the Pantry ($621k) and Oklahoma Caring Foundation Inc ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $133k (20% of expenses). Other salaries and wages came to $362k. At year end it held assets of $328k against liabilities of -$19k, net assets of $347k. It reported 35 employees.