Phyllis Bodel Childcare Center at Yale School of Medicine Inc

Analysis

Phyllis Bodel Childcare Center at Yale School of Medicine Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in September 1991, 35 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, Phyllis Bodel Childcare Center at Yale School of Medicine Inc reported income of $3.1m and spending of $2.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.1m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phyllis Bodel Childcare Center at Yale School of Medicine Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include New Horizons Ministries ($3.1m), Kingdom Builders US Inc ($3.1m) and Kentucky YMCA Youth Association ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $837k against liabilities of $269k, net assets of $567k. It reported 65 employees.