Cinderella Day Care Center Inc

Analysis

Cinderella Day Care Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cinderella Day Care Center Inc reported income of $949k and spending of $864k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $438k to $949k (+117%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cinderella Day Care 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 75th percentile within NY. Charities of a similar size with the same main cause include Womens Center of Greater Chicagoland ($949k), Petes Garden ($949k) and National Childrens Center Inc Foundation ($949k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $122k (14% of expenses). Other salaries and wages came to $445k. At year end it held assets of $398k against liabilities of $192k, net assets of $205k. It reported 14 employees.