Red Hook Child Care Center Inc

Analysis

Red Hook Child Care Center Inc is a registered charity in United States, based in Red Hook, NY. It received its IRS tax-exemption ruling in June 1988, 38 years ago. 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 June 2024, Red Hook Child Care Center Inc reported income of $220k and spending of $239k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $150k to $220k (+47%), an average of +47% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Red Hook Child Care Center Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include White River Valley Historical Society ($220k), Mental Health America of South Carolina ($220k) and Foundation for Saline Area Schools ($220k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $51k (21% of expenses). Other salaries and wages came to $75k. At year end it held assets of $10k against liabilities of $4,829, net assets of $5,272.