East Shore Regional Adult Daycare Center Inc

Analysis

East Shore Regional Adult Daycare Center Inc is a registered charity in United States, based in Branford, CT. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, East Shore Regional Adult Daycare Center Inc reported income of $951k and spending of $908k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $717k to $951k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East Shore Regional Adult Daycare Center Inc 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 77th percentile within CT. Charities of a similar size with the same main cause include Manhasset Great Neck Economic Opportunity Council ($951k), Davis Direction Foundation Inc ($951k) and Kids Early Education Zone Inc ($951k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 80% of the total. Other salaries and wages came to $506k. At year end it held assets of $1.5m against liabilities of $201k, net assets of $1.3m. It reported 30 employees.