Springboard Child Care Inc

Analysis

Springboard Child Care Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 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, Springboard Child Care Inc reported income of $230k and spending of $279k, spending 121% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $215k to $230k (+6.9%), an average of +3.4% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Springboard Child Care Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Sati Center for Buddist Studies ($230k), African Strategic Leadership Prayer Network ($230k) and Pomona Hope ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $94k (34% of expenses). It paid $1,500 in professional fundraising fees. At year end it held assets of $153k against liabilities of $119k, net assets of $33k. It reported 1 employees.