Washington Heights Child Care Center

Analysis

Washington Heights Child Care Center is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2023, Washington Heights Child Care Center reported income of $790k and spending of $899k, spending 114% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $979k to $790k (-19%), an average of -6.9% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Heights Child Care Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Oklahoma Academy for State Goals ($790k), Applewood Learning Center Inc ($790k) and Pritchard-Laughlin Center ($790k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.3% of the total. Other salaries and wages came to $553k. At year end it held assets of $39k against liabilities of $221k, net assets of -$182k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.