Training Wheels Childcare Center Inc

Analysis

Training Wheels Childcare Center Inc is a registered charity in United States, based in East Jordan, MI. It received its IRS tax-exemption ruling in November 2020, 6 years ago. 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 June 2023, Training Wheels Childcare Center Inc reported income of $316k and spending of $304k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $372k to $316k (-15%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Training Wheels Childcare Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Plaza View III Inc ($316k), Nami Lane County ($316k) and Childrens Advocacy Center of Douglas County Inc ($316k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $247k. At year end it held assets of $152k against liabilities of $0, net assets of $152k. It reported 22 employees.