Richland Area Child Care Organization

Analysis

Richland Area Child Care Organization is a registered charity in United States, based in Richland, IA. It received its IRS tax-exemption ruling in August 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 July 2024, Richland Area Child Care Organization reported income of $919k and spending of $8,525, leaving 99% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $220k to $919k (+318%), an average of +318% a year. The sharpest change came in the year to July 2024, when income rose by 318%. Over the whole period it spent 1.3% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Richland Area Child Care Organization sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within IA. Charities of a similar size with the same main cause include Lunchbox Fund ($919k), Marland Childrens Home Inc ($919k) and House of the Carpenter Inc ($919k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.