Tremont Crotona Day Care Center

Analysis

Tremont Crotona Day Care Center is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tremont Crotona Day Care Center reported income of $5.9m and spending of $5.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $5.9m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tremont Crotona Day Care Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Young Womens Christian Association of Pittsburgh ($5.9m), Behavioral Health Solutions of South Texas ($5.9m) and Jay - Randolph Developmental Services Inc RFD 3 ($5.9m).

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 $2.2m. At year end it held assets of $2.6m against liabilities of $2.5m, net assets of $119k. It reported 60 employees.