Cardinals Child Development Center

Analysis

Cardinals Child Development Center is a registered charity in United States, based in Randolph, NE. It received its IRS tax-exemption ruling in January 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, Cardinals Child Development Center reported income of $595k and spending of $690k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $595k (+158%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 52%. 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, Cardinals Child Development Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NE. Charities of a similar size with the same main cause include Renew Inc ($595k), Ella Baker Institute Inc ($595k) and Oc Homecare Foundation ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $551k. At year end it held assets of $23k against liabilities of $56k, net assets of -$33k. It reported 46 employees.