St Marks Day Care Center Inc

Analysis

St Marks Day Care Center Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in August 1990, 36 years ago. 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 December 2023, St Marks Day Care Center Inc reported income of $2.2m and spending of $1.6m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.2m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marks Day Care Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within CT. Charities of a similar size with the same main cause include Arrowhead Regional Medical Center Foundation ($2.2m), Mastery Transcript Consortium ($2.2m) and LA Theatre Works ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.4% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $2.2m against liabilities of $188k, net assets of $2.0m. It reported 39 employees.