Denver Center Child Care Assoc

Analysis

Denver Center Child Care Assoc is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in July 1998, 28 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, Denver Center Child Care Assoc reported income of $992k and spending of $973k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $824k to $992k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 25%. 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, Denver Center Child Care Assoc 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 79th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Food System 6 Accelerator Inc ($992k), Bryant Temple Ame ($992k) and Columbia Second Chance ($992k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $58k (5.9% of expenses). Other salaries and wages came to $638k. At year end it held assets of $260k against liabilities of $20k, net assets of $240k. It reported 35 employees.