Cortland County Child Development Day Care Program Inc

Analysis

Cortland County Child Development Day Care Program Inc is a registered charity in United States, based in Cortland, NY. It received its IRS tax-exemption ruling in September 1982, 44 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, Cortland County Child Development Day Care Program Inc reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cortland County Child Development Day Care Program Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Family Law Casa of King County ($1.2m), People Loving Nashville ($1.2m) and Friends of Kiryas Joel Community Room Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $51k (3.9% of expenses). Other salaries and wages came to $984k. At year end it held assets of $844k against liabilities of $63k, net assets of $781k. It reported 61 employees.