Woodside Daycare Center Inc

Analysis

Woodside Daycare Center Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in September 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Woodside Daycare Center Inc reported income of $784k and spending of $773k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $583k to $784k (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodside Daycare Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Tahoe Coalition for the Homeless ($784k), Coalition of Tracy Citizens to Assist the Homeless ($784k) and Mosaic West Sac ($784k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $539k. At year end it held assets of $325k against liabilities of $70k, net assets of $255k. It reported 23 employees.