Valley Child Development Center Inc

Analysis

Valley Child Development Center Inc is a registered charity in United States, based in Red Cloud, NE. It received its IRS tax-exemption ruling in June 2016, 10 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, Valley Child Development Center Inc reported income of $806k and spending of $939k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $529k to $806k (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Child Development Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within NE. Charities of a similar size with the same main cause include Stepping Stones Childrens Center ($806k), Bainbridge Island Senior Community Center ($806k) and Bright Eyes Quality Child Care Inc ($806k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Other salaries and wages came to $514k. At year end it held assets of $1.9m against liabilities of $43k, net assets of $1.8m. It reported 42 employees.