Federation Day Care Services

Analysis

Federation Day Care Services is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1960, 66 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, Federation Day Care Services reported income of $7.6m and spending of $8.9m, spending 116% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $88.5m to $7.6m (-91%), an average of -46% a year. The sharpest change came in the year to August 2020, when income dropped by 92%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Federation Day Care Services sits at the 93rd percentile: it is larger than about 93% 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 Girls Incorporated of Alameda County ($7.6m), Catholic Charities Inc ($7.6m) and Asian Services in Action Inc ($7.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $393k (4.4% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $5.0m against liabilities of $2.0m, net assets of $3.0m. It reported 189 employees.