Day Care Center of New Canaan

Analysis

Day Care Center of New Canaan is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in November 1972, 54 years ago. 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 June 2022, Day Care Center of New Canaan reported income of $915k and spending of $870k, spending 95% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $914k to $915k (+0.1%), an average of +0.0% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Day Care Center of New Canaan sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include Green Thumb Players Society ($915k), The Arc of Snohomish County ($915k) and Friends of Foster Children of Palm Beach County Inc ($915k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 53% and program service revenue 47% of the total. Other salaries and wages came to $553k. At year end it held assets of $1.2m against liabilities of $26k, net assets of $1.2m.