Twelve Corners Day Care Center

Analysis

Twelve Corners Day Care Center is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in January 1972, 54 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, Twelve Corners Day Care Center reported income of $947k and spending of $1.1m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $944k to $947k (+0.2%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Twelve Corners Day Care Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Vibrant Faith Ministries ($946k), Family Success Center of Etowah County Inc ($947k) and Home of Hope International Inc ($946k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Other salaries and wages came to $644k. At year end it held assets of $863k against liabilities of $152k, net assets of $711k. It reported 30 employees.

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.