Quick Start Day Care Center Inc

Analysis

Quick Start Day Care Center Inc is a registered charity in United States, based in Stalbans, NY. It received its IRS tax-exemption ruling in September 1974, 52 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 June 2023, Quick Start Day Care Center Inc reported income of $1.4m and spending of $1.5m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.4m (-19%), an average of -5.2% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quick Start Day Care Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Southern Minnesota ($1.4m), Association for Retarded Citizens Taft Inc ($1.4m) and Ability 1st Utah ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Other salaries and wages came to $950k. At year end it held assets of $179k against liabilities of $136k, net assets of $43k. It reported 29 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.