Interlakes Day Care Center Inc

Analysis

Interlakes Day Care Center Inc is a registered charity in United States, based in Meredith, NH. It received its IRS tax-exemption ruling in June 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Interlakes Day Care Center Inc reported income of $339k and spending of $329k, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $362k to $339k (-6.4%), an average of -1.7% a year. The sharpest change came in the year to September 2022, when income rose by 31%. 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, Interlakes Day Care Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within NH. Charities of a similar size with the same main cause include Orangeburg Housing Inc ($339k), Whatsoever Community Center ($339k) and Houstons America for All ($339k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $44k (13% of expenses). At year end it held assets of $229k against liabilities of $14k, net assets of $215k. It reported 11 employees.