Corridor Christian Early Learning Center

Analysis

Corridor Christian Early Learning Center is a registered charity in United States, based in North Liberty, IA. It received its IRS tax-exemption ruling in November 2019, 7 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, Corridor Christian Early Learning Center reported income of $495k and spending of $576k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $464k to $495k (+6.9%), an average of +1.7% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Corridor Christian Early Learning Center sits at the 65th 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 72nd percentile within IA. Charities of a similar size with the same main cause include Trinity Child Development Center ($495k), We Are One New Jersey ($495k) and Turning Point Community Development Corporation ($495k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $57k (9.9% of expenses). Other salaries and wages came to $388k. At year end it held assets of $73k against liabilities of $2,344, net assets of $71k. It reported 29 employees.