Lancaster Day Care Center Inc

Analysis

Lancaster Day Care Center Inc is a registered charity in United States, based in Lancaster, NH. It received its IRS tax-exemption ruling in April 1979, 47 years ago. 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 August 2023, Lancaster Day Care Center Inc reported income of $361k and spending of $345k, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $265k to $361k (+36%), an average of +8.0% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lancaster Day Care Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within NH. Charities of a similar size with the same main cause include The Peninsula Figure Skating Club Inc ($361k), Iowa Grocers Education Foundation ($361k) and Catholic Biblical School of Michigan Ltd ($361k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $39k (11% of expenses). Other salaries and wages came to $221k. At year end it held assets of $378k against liabilities of $87k, net assets of $291k. It reported 16 employees.