Medicine Lodge Daycare Inc
Analysis
Medicine Lodge Daycare Inc is a registered charity in United States, based in Medicine LDG, KS. It received its IRS tax-exemption ruling in April 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 December 2023, Medicine Lodge Daycare Inc reported income of $503k and spending of $434k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $394k to $503k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 61% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Medicine Lodge Daycare Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KS. Charities of a similar size with the same main cause include Columbus Works Inc ($503k), Eden Invitation ($503k) and Tov Latet Inc ($503k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $321k. At year end it held assets of $350k against liabilities of $0, net assets of $350k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Program services 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Columbus Works Inc | Columbus | $503k |
| Eden Invitation | Hudson | $503k |
| Tov Latet Inc | Brooklyn | $503k |
| Just Roots | Chicago | $503k |