Millville Day Care Center

Analysis

Millville Day Care Center is a registered charity in United States, based in Millville, NJ. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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 August 2023, Millville Day Care Center reported income of $2.9m and spending of $2.6m, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.8m to $2.9m (+66%), an average of +13% a year. The sharpest change came in the year to August 2023, when income rose by 26%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Millville Day Care Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Rainbow Adult Living Facilities ($2.9m), Regional Enterprises for Adults and Children Inc ($2.9m) and Big Brothers Big Sisters of Broward Inc ($2.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $158k (6.1% of expenses). At year end it held assets of $2.8m against liabilities of $130k, net assets of $2.7m. It reported 81 employees.