1332 Fulton Avenue Day Care Center Inc

Analysis

1332 Fulton Avenue Day Care Center Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 1928, 98 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 June 2023, 1332 Fulton Avenue Day Care Center Inc reported income of $3.4m and spending of $3.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.3m to $3.4m (-46%), an average of -14% a year. The sharpest change came in the year to June 2022, when income dropped by 33%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 1332 Fulton Avenue Day 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 Whittier Area First Day Coalition ($3.4m), Affordable Residences in Chesterfield II ($3.4m) and Sudbury Extended Day Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 1.5% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $1.2m against liabilities of $983k, net assets of $204k. It reported 26 employees.