Station One Childcare

Analysis

Station One Childcare is a registered charity in United States, based in Hobbs, NM. It received its IRS tax-exemption ruling in August 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 July 2023, Station One Childcare reported income of $1.0m and spending of $1.1m, spending 108% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $600k to $1.0m (+72%), an average of +20% a year. The sharpest change came in the year to July 2022, when income rose by 65%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Station One Childcare sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within NM. Charities of a similar size with the same main cause include Mishawaka Food Pantry Inc ($1.0m), Wilson County Community Help Center Inc ($1.0m) and Saint Giannas Home Inc ($1.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $740k. At year end it held assets of $57k against liabilities of $100k, net assets of -$43k. It reported 33 employees.