Marita Theisen Childcare Center

Analysis

Marita Theisen Childcare Center is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in August 2020, 6 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, Marita Theisen Childcare Center reported income of $302k and spending of $415k, spending 138% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $650k to $302k (-54%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. 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, Marita Theisen Childcare Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include National Chaplains Association Inc ($302k), G & J Johnson Foster Home Foundation No 1 Inc ($302k) and The Mindfulness Center Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 50% of the total. Other salaries and wages came to $226k. At year end it held assets of $161k against liabilities of $793, net assets of $160k. It reported 18 employees.