Energy Capital Cooperative Childcare

Analysis

Energy Capital Cooperative Childcare is a registered charity in United States, based in Hazen, ND. It received its IRS tax-exemption ruling in April 2018, 8 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, Energy Capital Cooperative Childcare reported income of $481k and spending of $624k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $573k to $481k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Energy Capital Cooperative Childcare sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within ND. Charities of a similar size with the same main cause include Hopewell Heights Counseling Inc ($481k), Higher Learning Solutions Foundatio N Inc ($481k) and Braided Wisdom Inc ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $77k (12% of expenses). Other salaries and wages came to $412k. At year end it held assets of $223k against liabilities of $126k, net assets of $98k. It reported 32 employees.