Bainbridge Island Child Care Centers

Analysis

Bainbridge Island Child Care Centers is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in November 1974, 52 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Bainbridge Island Child Care Centers reported income of $668k and spending of $841k, spending 126% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income fell from $813k to $668k (-18%), an average of -3.9% a year. The sharpest change came in the year to August 2024, when income dropped by 32%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bainbridge Island Child Care Centers sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Arkansas State Soccer Association Inc ($668k), St Lawrence Housing Inc ($668k) and Center of Human Environment ($668k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 2.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $87k (10% of expenses). Other salaries and wages came to $367k. At year end it held assets of $2.4m against liabilities of $737k, net assets of $1.6m. It reported 17 employees.