Shirley Chisholm Day Care Center 2

Analysis

Shirley Chisholm Day Care Center 2 is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1976, 50 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, Shirley Chisholm Day Care Center 2 reported income of $2.0m and spending of $2.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.3m to $2.0m (-75%), an average of -30% a year. The sharpest change came in the year to June 2021, when income dropped by 40%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shirley Chisholm Day Care Center 2 sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.0m), Garden of Remembrance Memorial PK Inc ($2.0m) and Chinese Community Concerns Corporation Chinatown Head Start ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.6% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.0m against liabilities of $1.3m, net assets of $658k. It reported 78 employees.