Burlington Day Care Inc

Analysis

Burlington Day Care Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in April 1983, 43 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 June 2023, Burlington Day Care Inc reported income of $1.5m and spending of $1.3m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $863k to $1.5m (+73%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Burlington Day Care Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Ohio Federation of Soil & Water Conservation Districts ($1.5m), The Kentland Volunteer Fire Department of Kentland MD Incorpor ($1.5m) and NCBW Housing Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $83k (6.2% of expenses). Other salaries and wages came to $856k. At year end it held assets of $1.8m against liabilities of $836k, net assets of $953k. It reported 25 employees.