BMCC Early Childhood Center

Analysis

BMCC Early Childhood Center is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1986, 40 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 June 2023, BMCC Early Childhood Center reported income of $1.5m and spending of $1.3m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.5m (+6.3%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, BMCC Early Childhood Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Mt Olive Child Care & Learning Center ($1.5m), Engineers Society of Western Pennsylvania ($1.5m) and The Womens Center Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 11% of the total. Other salaries and wages came to $749k. At year end it held assets of $3.9m against liabilities of $98k, net assets of $3.8m. It reported 26 employees.