Miller Day Care Center Inc

Analysis

Miller Day Care Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1981, 45 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Miller Day Care Center Inc reported income of $1.6m and spending of $1.7m, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $1.6m (+14%), an average of +3.2% a year. The sharpest change came in the year to August 2022, when income rose by 17%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Miller Day Care Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Opening Doors Northwest Florida Inc ($1.6m), Trustees of Eliot School ($1.6m) and Youth for Christ USA Inc ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $846k. At year end it held assets of $4.1m against liabilities of $2.6m, net assets of $1.6m.

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.