New Day Childrens Center Inc

Analysis

New Day Childrens Center Inc is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in September 1993, 33 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 2023, New Day Childrens Center Inc reported income of $1.3m and spending of $1.4m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.3m (-2.7%), an average of -0.7% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Day Childrens Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include San Bernardino Symphony Association ($1.3m), Big Lakes Foundation Inc ($1.3m) and Gaining Ground Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $39k (2.8% of expenses). Other salaries and wages came to $963k. At year end it held assets of $379k against liabilities of $67k, net assets of $313k. It reported 56 employees.