Daybreak Adult Care Centers

Analysis

Daybreak Adult Care Centers is a registered charity in United States, based in San Leandro, CA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Daybreak Adult Care Centers reported income of $887k and spending of $1.1m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $552k to $887k (+61%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 59%. 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, Daybreak Adult Care Centers sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Milwaukee Area Health Education Center Inc ($887k), Sheridan Youth Assistance Inc ($887k) and Impactone Breast Cancer Foundation ($887k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $152k (14% of expenses). Other salaries and wages came to $552k. At year end it held assets of $326k against liabilities of $130k, net assets of $196k. It reported 13 employees.