Queens Daughters Day Care Center Incorporated

Analysis

Queens Daughters Day Care Center Incorporated is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in July 1971, 55 years ago. 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 December 2023, Queens Daughters Day Care Center Incorporated reported income of $793k and spending of $874k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $917k to $793k (-13%), an average of -3.6% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Queens Daughters Day Care Center Incorporated 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 77th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Mount Sinai Childrens Center Foundation Inc ($793k), Bridgebuilders International Leadership Network ($793k) and Ogden Weber Applied Technology College Foundation ($793k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $89k (10% of expenses). At year end it held assets of $1.4m against liabilities of $1.4m, net assets of -$59k.

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.