Terryville-Plymouth Day Care Center Inc

Analysis

Terryville-Plymouth Day Care Center Inc is a registered charity in United States, based in Terryville, CT. It received its IRS tax-exemption ruling in July 1984, 42 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, Terryville-Plymouth Day Care Center Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $874k to $1.2m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Terryville-Plymouth Day Care Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CT. Charities of a similar size with the same main cause include Aqord ($1.2m), Down Syndrome Association of Greater St Louis ($1.2m) and Lake Eldora Racing Team Association ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $27k (2.3% of expenses). Other salaries and wages came to $752k. At year end it held assets of $617k against liabilities of $360k, net assets of $257k. It reported 49 employees.