Stony Brook Child Care Services Inc

Analysis

Stony Brook Child Care Services Inc is a registered charity in United States, based in Stony Brook, NY. It received its IRS tax-exemption ruling in September 1990, 36 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 August 2023, Stony Brook Child Care Services Inc reported income of $2.8m and spending of $3.3m, spending 119% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $3.1m to $2.8m (-10%), an average of -2.7% a year. The sharpest change came in the year to August 2021, when income rose by 63%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stony Brook Child Care Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Coastal Bend Center for Independent Living ($2.8m), Beyond Brink ($2.8m) and Challengers Independent Living Inc ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $90k (2.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.8m against liabilities of $632k, net assets of $1.1m. It reported 201 employees.