Mount Pleasant Community Childcare

Analysis

Mount Pleasant Community Childcare is a registered charity in United States, based in Mt Pleasant, IA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mount Pleasant Community Childcare reported income of $458k and spending of $454k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $863k to $458k (-47%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mount Pleasant Community Childcare sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Interfaith Hospitality Network of Colorado Springs ($458k), Progressive Family Life Center Inc ($458k) and Southwest Community Ministries Inc ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $39k (8.5% of expenses). Other salaries and wages came to $203k. At year end it held assets of $612k against liabilities of $17k, net assets of $594k. It reported 35 employees.