Little Treasures Childcare Center

Analysis

Little Treasures Childcare Center is a registered charity in United States, based in Saco, ME. It received its IRS tax-exemption ruling in July 2015, 11 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, Little Treasures Childcare Center reported income of $878k and spending of $935k, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $408k to $878k (+115%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Treasures Childcare Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within ME. Charities of a similar size with the same main cause include Oaks Childrens Center Inc ($878k), Bridge of Mercy ($878k) and Ohio County & Independent Fairs Hardin County ($878k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $60k (6.4% of expenses). Other salaries and wages came to $420k. At year end it held assets of $145k against liabilities of $0, net assets of $145k. It reported 22 employees.