Cadets Childcare Inc

Analysis

Cadets Childcare Inc is a registered charity in United States, based in Thorndale, TX. It received its IRS tax-exemption ruling in October 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, Cadets Childcare Inc reported income of $911k and spending of $922k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $911k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2022, when income rose by 63%. 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, Cadets Childcare Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Family Promise of Hunterdon County Inc ($911k), Stairstep Foundation ($911k) and Community Day Center for Children ($911k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $125k (14% of expenses). Other salaries and wages came to $579k. At year end it held assets of $130k against liabilities of $0, net assets of $130k. It reported 25 employees.