Cheryl a Anderson Sorensen Childcare Center

Analysis

Cheryl a Anderson Sorensen Childcare Center is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1992, 34 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 September 2024, Cheryl a Anderson Sorensen Childcare Center reported income of $1.0m and spending of $1.1m, spending 110% of what it took in. Across the 5 years on record, from September 2020 to September 2024, income grew from $945k to $1.0m (+9.8%), an average of +2.4% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cheryl a Anderson Sorensen Childcare Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Gospel Inc ($1.0m), Linus Project ($1.0m) and Whispering Meadows Ranch Inc ($1.0m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $91k (8.0% of expenses). Other salaries and wages came to $633k. At year end it held assets of $210k against liabilities of $1,657, net assets of $208k. It reported 16 employees.