Thabor Tots Child Care Center

Analysis

Thabor Tots Child Care Center is a registered charity in United States, based in Wausa, NE. It received its IRS tax-exemption ruling in September 2003, 23 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, Thabor Tots Child Care Center reported income of $126k and spending of $149k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $214k to $126k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. 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, Thabor Tots Child Care Center sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NE. Charities of a similar size with the same main cause include Unified Efforts Inc ($126k), Lynchpin ($126k) and Pleasant Spring Communities Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 95% of the total. At year end it held assets of $40k against liabilities of $1,983, net assets of $38k.