Ontario Day Care Center Inc

Analysis

Ontario Day Care Center Inc is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in January 1971, 55 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 August 2023, Ontario Day Care Center Inc reported income of $917k and spending of $1.0m, spending 114% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $759k to $917k (+21%), an average of +4.8% a year. The sharpest change came in the year to August 2022, when income rose by 29%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ontario Day Care Center Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Central School of Practical Nursing Trust ($917k), Mt Zion Development Corporation ($917k) and Crisis Intervention Center Incorporated ($916k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.3% and program service revenue 90% of the total. Other salaries and wages came to $674k. At year end it held assets of $607k against liabilities of $122k, net assets of $485k. It reported 33 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.