Marion Daycare and Learning Center

Analysis

Marion Daycare and Learning Center is a registered charity in United States, based in Sheridan, WY. It received its IRS tax-exemption ruling in April 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Marion Daycare and Learning Center reported income of $485k and spending of $493k, spending 102% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $376k to $485k (+29%), an average of +6.5% a year. The sharpest change came in the year to May 2021, when income rose by 30%. 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, Marion Daycare and Learning Center 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 71st percentile within WY. Charities of a similar size with the same main cause include Uniendo Sentimientos Oregon ($484k), Humble in Heart ($485k) and Cedars Elderly Home Inc ($484k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $78k (16% of expenses). Other salaries and wages came to $256k. At year end it held assets of $398k against liabilities of $1,285, net assets of $397k. It reported 21 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.