Family Child Care Alliance of Maryland

Analysis

Family Child Care Alliance of Maryland is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Family Child Care Alliance of Maryland reported income of $4.2m and spending of $4.2m, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $250k to $4.2m (+1595%), an average of +157% a year. The sharpest change came in the year to December 2021, when income rose by 338%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family Child Care Alliance of Maryland sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Unizin Ltd ($4.2m), National Association of Negro Busin Ess and Professional Womens C ($4.2m) and Fostering Early Learning Institute ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $132k (3.1% of expenses). Other salaries and wages came to $648k. It paid $1,764 in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $943k, net assets of $285k. It reported 14 employees.