Hawthorne Corners Day Care Center

Analysis

Hawthorne Corners Day Care Center is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1977, 49 years ago. 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, Hawthorne Corners Day Care Center reported income of $677k and spending of $828k, spending 122% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $921k to $677k (-27%), an average of -9.8% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hawthorne Corners Day Care Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Little Peoples Day Care Inc ($677k), Shiloh Danieltown Oakland Volunteer Fire Department Inc ($677k) and Lamar Educational Awards Foundation ($677k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $444k. At year end it held assets of $17k against liabilities of $73k, net assets of -$56k. It reported 10 employees.