University Community Childcare Inc

Analysis

University Community Childcare Inc is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in March 2009, 17 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, University Community Childcare Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.3m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to June 2020, when income dropped by 18%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, University Community Childcare Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include Meals on Wheels of Polk County Inc ($1.3m), Mision Para Cristo Inc ($1.3m) and Empowering Kids Perham ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $60k (5.1% of expenses). Other salaries and wages came to $600k. At year end it held assets of $1.0m against liabilities of $64k, net assets of $965k. It reported 63 employees.