Yarmouth Day Care

Analysis

Yarmouth Day Care is a registered charity in United States, based in Yarmouth, ME. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Yarmouth Day Care reported income of $265k and spending of $261k, spending 99% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $234k to $265k (+13%), an average of +13% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Yarmouth Day Care sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 53rd percentile within ME. Charities of a similar size with the same main cause include Feeding Colorado ($265k), Brooke Owens Fellowship ($265k) and Mayville Open Door Inc ($265k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. Other salaries and wages came to $203k. At year end it held assets of $38k against liabilities of $3,400, net assets of $35k. It reported 9 employees.