Lifespan Day Care

Analysis

Lifespan Day Care is a registered charity in United States, based in Quakertown, PA. It received its IRS tax-exemption ruling in August 1985, 41 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 June 2023, Lifespan Day Care reported income of $7.7m and spending of $6.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $7.7m (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lifespan Day Care sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Southbridge Medical Advisory Concil Inc ($7.7m), My Sisters Place Inc ($7.7m) and Council on Aging of Volusia County Inc ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 85% of the total. At year end it held assets of $6.9m against liabilities of $918k, net assets of $6.0m. It reported 165 employees.