Walnut Acres Day Care Center Inc

Analysis

Walnut Acres Day Care Center Inc is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in January 1981, 45 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, Walnut Acres Day Care Center Inc reported income of $1.6m and spending of $1.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Walnut Acres Day Care Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Alphapointe Foundation ($1.6m), Farm to Pantry ($1.6m) and Rainbow Senior Center ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 94% of the total. Other salaries and wages came to $919k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 34 employees.