Seawells Creative Daycare Inc

Analysis

Seawells Creative Daycare Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seawells Creative Daycare Inc reported income of $333k and spending of $375k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $446k to $333k (-25%), an average of -7.1% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seawells Creative Daycare Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include One Place Inc ($333k), Gothenburg Senior Citizens Center Inc ($333k) and Court-Appointed Special Advocate of Natrona County ($333k).

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 $35k (9.2% of expenses). Other salaries and wages came to $150k. At year end it held assets of $14k against liabilities of $0, net assets of $14k. It reported 9 employees.