Mount Kisco Child Care Center Inc

Analysis

Mount Kisco Child Care Center Inc is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in November 1971, 55 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 August 2023, Mount Kisco Child Care Center Inc reported income of $3.4m and spending of $3.4m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.0m to $3.4m (+15%), an average of +3.6% a year. The sharpest change came in the year to August 2022, when income rose by 34%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mount Kisco Child Care Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Street Soccer USA Inc ($3.4m), Youth Shelters and Family Services Inc ($3.4m) and New Mexico Immigrant Law Center ($3.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 35% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $253k (7.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $9.7m against liabilities of $445k, net assets of $9.2m. It reported 60 employees.