Footsteps Child Care Inc

Analysis

Footsteps Child Care Inc is a registered charity in United States, based in Belmont, CA. It received its IRS tax-exemption ruling in March 1996, 30 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 2023, Footsteps Child Care Inc reported income of $8.6m and spending of $7.1m, spending 82% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $5.8m to $8.6m (+49%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 111%. 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, Footsteps Child Care Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Neighborhood Self Help by Older Persons Project Inc ($8.6m), Hospice of the Foothills ($8.6m) and McLennan County Fair Inc ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $4.6m against liabilities of $2.1m, net assets of $2.5m. It reported 87 employees.