West Street Day Care Center Inc

Analysis

West Street Day Care Center Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in March 1970, 56 years ago. 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, West Street Day Care Center Inc reported income of $2.2m and spending of $2.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.2m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Street Day Care Center 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 87th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Zichron Tzvi Elimelech ($2.2m), Columbus Next Generation Corporation ($2.2m) and Macon-Russell Community Action Agency Incorporated ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $150k (6.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.1m against liabilities of $296k, net assets of $842k. It reported 50 employees.