Mi Casita Day Care Center Inc

Analysis

Mi Casita Day Care Center Inc is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in March 1972, 54 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mi Casita Day Care Center Inc reported income of $3.3m and spending of $3.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.3m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mi Casita Day Care Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Council of Jewish Organizations of Flatbush Inc ($3.3m), St Paul Pipefitters Joint Journeymen & Apprentice Training T ($3.3m) and Scha Foundation Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $106k (3.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.1m against liabilities of $136k, net assets of $2.9m. It reported 46 employees.