Bigelow Cooperative Day Care Center

Analysis

Bigelow Cooperative Day Care Center is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bigelow Cooperative Day Care Center reported income of $961k and spending of $813k, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.4m to $961k (-31%), an average of -8.7% a year. The sharpest change came in the year to August 2023, when income rose by 61%. 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, Bigelow Cooperative Day Care Center sits at the 74th percentile: it is larger than about 74% 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 Elyria 778 Charities Inc ($961k), Transforming Generations ($961k) and Malta Opportunities Inc ($961k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $89k (11% of expenses). Other salaries and wages came to $332k. At year end it held assets of $679k against liabilities of $73k, net assets of $607k. It reported 13 employees.