Heartland Child Development Center Inc

Analysis

Heartland Child Development Center Inc is a registered charity in United States, based in Council BLFS, IA. It received its IRS tax-exemption ruling in October 2002, 24 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, Heartland Child Development Center Inc reported income of $520k and spending of $561k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $520k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 22%. 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, Heartland Child Development Center Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within IA. Charities of a similar size with the same main cause include Made to Flourish Inc ($520k), Fund for Rising Ground Inc ($520k) and Ucc II Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $65k (12% of expenses). Other salaries and wages came to $358k. At year end it held assets of $302k against liabilities of $119k, net assets of $183k. It reported 18 employees.