Daytop Preparatory School

Analysis

Daytop Preparatory School is a registered charity in United States, based in Briarwood, NY. It received its IRS tax-exemption ruling in August 1993, 33 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 June 2023, Daytop Preparatory School reported income of $481k and spending of $666k, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $583k to $481k (-17%), an average of -4.7% a year. The sharpest change came in the year to June 2021, when income dropped by 47%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Daytop Preparatory School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Metropole Film Board Inc ($481k), Arc of North Dakota Inc ($481k) and Paws and More ($481k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $393k. At year end it held assets of $197k against liabilities of $459k, net assets of -$262k.

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.