Presby Child Care Program Inc

Analysis

Presby Child Care Program Inc is a registered charity in United States, based in Perry, IA. It received its IRS tax-exemption ruling in December 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, Presby Child Care Program Inc reported income of $398k and spending of $429k, spending 108% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $267k to $398k (+49%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Presby Child Care Program Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within IA. Charities of a similar size with the same main cause include Youth Violence Prevention Council of Shasta County ($398k), Families and Communities Together Inc of Marion County Missouri ($398k) and Horsepower Therapeutic Riding ($398k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $298k. At year end it held assets of $62k against liabilities of $0, net assets of $62k. It reported 38 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.