Day by Day Adult Care Inc

Analysis

Day by Day Adult Care Inc is a registered charity in United States, based in Gloucester, MA. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Day by Day Adult Care Inc reported income of $1.8m and spending of $1.7m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.8m (+57%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Day by Day Adult Care Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Sickle Cell Disease Association of America Michigan Chapter Inc ($1.8m), Samaritans on Cape Cod and the Islands Inc ($1.8m) and Friends of Ednas Maternity Hospital ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $143k (8.6% of expenses). Other salaries and wages came to $507k. At year end it held assets of $696k against liabilities of $194k, net assets of $502k. It reported 28 employees.