Concord Child Care Center Inc

Analysis

Concord Child Care Center Inc is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Concord Child Care Center Inc reported income of $2.8m and spending of $2.7m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.8m (+54%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Concord Child Care Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include M I S S ($2.8m), Eizer Bachurim Dmonsey Friends of Teenagers Inc ($2.8m) and The Front Door Agency Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $150k (5.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.1m against liabilities of $527k, net assets of $599k. It reported 29 employees.