Upstate Day Care Center Inc

Analysis

Upstate Day Care Center Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in June 1994, 32 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 August 2023, Upstate Day Care Center Inc reported income of $1.7m and spending of $1.5m, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.6m to $1.7m (+9.2%), an average of +2.2% a year. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Upstate Day Care Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include City of Children Cuidad de Ninos ($1.7m), Christian Care Center Inc ($1.7m) and Greater Detroit Armenian Senior Citizens Corporation ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $90k (6.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $578k against liabilities of $136k, net assets of $442k. It reported 33 employees.