Yal-Day New Day Care Center Inc

Analysis

Yal-Day New Day Care Center Inc is a registered charity in United States, based in Allston, MA. It received its IRS tax-exemption ruling in May 1981, 45 years ago. 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 August 2023, Yal-Day New Day Care Center Inc reported income of $984k and spending of $1.1m, spending 117% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $894k to $984k (+10%), an average of +2.4% a year. The sharpest change came in the year to August 2022, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yal-Day New Day Care Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Literacy Volunteers of Greater Hartford ($984k), St Joseph St Johns Michigan Conference Society of St Vincent D ($984k) and Southwest Harbor Public Library ($983k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $576k. At year end it held assets of $387k against liabilities of $166k, net assets of $221k. It reported 19 employees.