Jersey City Day Care One Hundred Inc

Analysis

Jersey City Day Care One Hundred Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in February 1974, 52 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, Jersey City Day Care One Hundred Inc reported income of $2.0m and spending of $1.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.0m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jersey City Day Care One Hundred Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include South Alamo Regional Alliance for the Homeless ($2.0m), Oasis Okaloosa AIDS Support and Informational Services Inc ($2.0m) and Able-Disabled Advocacy Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $223k (12% of expenses). Other salaries and wages came to $823k. At year end it held assets of $2.9m against liabilities of $132k, net assets of $2.7m. It reported 70 employees.