Diamond Street Early Childhood Cent Er

Analysis

Diamond Street Early Childhood Cent Er is a registered charity in United States, based in Akron, PA. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Diamond Street Early Childhood Cent Er reported income of $1.4m and spending of $1.5m, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.0m to $1.4m (+31%), an average of +7.0% a year. The sharpest change came in the year to August 2022, when income rose by 58%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Diamond Street Early Childhood Cent Er 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 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Lowell Alumni Association ($1.4m), Faces of America ($1.4m) and Sparta Academy ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $538k against liabilities of $63k, net assets of $475k. It reported 51 employees.