Child Care Answers of Central Indiana

Analysis

Child Care Answers of Central Indiana is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 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 September 2023, Child Care Answers of Central Indiana reported income of $1.8m and spending of $1.4m, leaving 24% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income grew from $880k to $1.8m (+105%), an average of +43% a year. The sharpest change came in the year to September 2022, when income rose by 80%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child Care Answers of Central Indiana sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Infant Toddler Family Day Care of Northern Virginia Inc ($1.8m), Irvine Child Development Center Operating Corporation ($1.8m) and Mountain Communities Supporting Education ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $107k (7.9% of expenses). Other salaries and wages came to $726k. At year end it held assets of $1.2m against liabilities of $243k, net assets of $927k. It reported 15 employees.