Salt Lake City Federal Employees Child Care Center

Analysis

Salt Lake City Federal Employees Child Care Center is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in July 1990, 36 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, Salt Lake City Federal Employees Child Care Center reported income of $808k and spending of $736k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $568k to $808k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salt Lake City Federal Employees Child Care Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within UT. Charities of a similar size with the same main cause include South Windsor Child Development Center Inc ($807k), Foodlink Foundation Inc ($808k) and Pinehaven Youth and Family Services Inc ($807k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $79k (11% of expenses). At year end it held assets of $494k against liabilities of $11k, net assets of $483k. It reported 17 employees.