Aim-High Child Care Center Inc

Analysis

Aim-High Child Care Center Inc is a registered charity in United States, based in Brentwood, CA. It received its IRS tax-exemption ruling in October 1994, 32 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 June 2024, Aim-High Child Care Center Inc reported income of $4.1m and spending of $4.1m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $4.1m (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aim-High Child Care Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Saugatuck Child Care Services Inc ($4.1m), New Beginnings Inc ($4.1m) and Foundations for Home and Community Inc ($4.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $293k (7.2% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $4.4m against liabilities of $201k, net assets of $4.2m. It reported 61 employees.