Clay City Early Learning Center Inc

Analysis

Clay City Early Learning Center Inc is a registered charity in United States, based in Clay City, IN. It received its IRS tax-exemption ruling in March 2022, 4 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 June 2024, Clay City Early Learning Center Inc reported income of $195k and spending of $180k, spending 92% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $4,634 to $195k (+4108%), an average of +549% a year. The sharpest change came in the year to June 2023, when income rose by 3112%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clay City Early Learning Center Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within IN. Charities of a similar size with the same main cause include Back to Eden Fellow Program ($195k), Restore 6-34 Inc ($195k) and Heartland Hands ($195k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.1% and program service revenue 89% of the total. At year end it held assets of $32k against liabilities of $3,421, net assets of $29k.