Ventura County Day Care Association

Analysis

Ventura County Day Care Association is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in September 1986, 40 years ago. Its declared purposes cover food, agriculture and nutrition, 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 September 2023, Ventura County Day Care Association reported income of $6.6m and spending of $6.6m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.4m to $6.6m (+22%), an average of +5.2% a year. The sharpest change came in the year to September 2020, when income dropped by 100%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ventura County Day Care Association sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Mary Wade Residence Inc ($6.6m), Capital Area Agency on Aging District II ($6.6m) and Park View Home Inc ($6.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $103k (1.5% of expenses). Other salaries and wages came to $358k. At year end it held assets of $1.3m against liabilities of $1.2m, net assets of $54k. It reported 9 employees.