Northeast Bronx Day Care Center Inc

Analysis

Northeast Bronx Day Care Center Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in November 1964, 62 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, Northeast Bronx Day Care Center Inc reported income of $15.3m and spending of $14.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.6m to $15.3m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northeast Bronx Day Care Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Goodwill Vision Enterprises Inc ($15.3m), Georgia Southern University Athletic Foundation Inc ($15.3m) and Integrated Refugee & Immigrant Services Inc ($15.3m).

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 $7.4m. At year end it held assets of $8.7m against liabilities of $5.8m, net assets of $2.8m. It reported 191 employees.