Edward Street Day Care Center Inc

Analysis

Edward Street Day Care Center Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in June 1968, 58 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Edward Street Day Care Center Inc reported income of $585k and spending of $821k, spending 140% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $375k to $585k (+56%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 159%. Over the whole period it spent 111% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Edward Street Day Care Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include New Jersey Highlands Coalition ($585k), Center for Responsible Travel ($585k) and Kenai Mountains-Turnagain Arm National Heritage Corridor ($585k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 1.5% of the total. Other salaries and wages came to $327k. At year end it held assets of $2.5m against liabilities of $144k, net assets of $2.4m. It reported 8 employees.