Blooming Grove Day Care Center Inc

Analysis

Blooming Grove Day Care Center Inc is a registered charity in United States, based in Blooming Grove, NY. It received its IRS tax-exemption ruling in March 1974, 52 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 December 2023, Blooming Grove Day Care Center Inc reported income of $678k and spending of $733k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $412k to $678k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blooming Grove Day Care Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Disability in Action Inc ($678k), Buddys Second Chance Rescue Inc ($678k) and Lost Dreams Awaken Center ($677k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $52k (7.1% of expenses). Other salaries and wages came to $466k. At year end it held assets of $127k against liabilities of $28k, net assets of $99k. It reported 33 employees.