Colorado Springs Child Nursery Centers Inc

Analysis

Colorado Springs Child Nursery Centers Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in May 1934, 92 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, Colorado Springs Child Nursery Centers Inc reported income of $6.4m and spending of $6.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $6.4m (+18%), an average of +4.2% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Colorado Springs Child Nursery Centers Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Pinnacle Prevention Corp ($6.4m), Ser Familia Inc ($6.4m) and Buffalo Lake Healthcare Center Inc ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $160k (2.5% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $4.8m against liabilities of $307k, net assets of $4.5m. It reported 133 employees.