Better Beginnings Day Care Center of East Windsor Hightstown Inc

Analysis

Better Beginnings Day Care Center of East Windsor Hightstown Inc is a registered charity in United States, based in Hightstown, NJ. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Better Beginnings Day Care Center of East Windsor Hightstown Inc reported income of $1.5m and spending of $1.3m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $891k to $1.5m (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Better Beginnings Day Care Center of East Windsor Hightstown 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 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Samuels House Inc ($1.5m), Seacoast Youth Services ($1.5m) and Downtown Ithaca Local Development Corporation ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $147k (11% of expenses). Other salaries and wages came to $794k. At year end it held assets of $2.1m against liabilities of $45k, net assets of $2.0m. It reported 22 employees.