Downtown Child Care Center

Analysis

Downtown Child Care Center is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in March 1995, 31 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, Downtown Child Care Center reported income of $148k and spending of $150k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $148k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Downtown Child Care Center sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within NM. Charities of a similar size with the same main cause include People Helping People Inc ($148k), Compassion Pregnancy Center of Northeast Michigan ($148k) and Gotta Have Sole Foundation Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. At year end it held assets of $922 against liabilities of $1,468, net assets of -$546.