Little Folks Community Day Care Center Inc

Analysis

Little Folks Community Day Care Center Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 1972, 54 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 June 2022, Little Folks Community Day Care Center Inc reported income of $2.0m and spending of $1.6m, leaving 20% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.4m to $2.0m (+45%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Folks Community Day Care Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include American Association of Family and Consumer Sciences ($2.0m), Limestone Family YMCA Inc ($2.0m) and Wesley Rankin Community Center Inc ($2.0m).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $88k (5.4% of expenses). Other salaries and wages came to $910k. At year end it held assets of $1.8m against liabilities of $733k, net assets of $1.1m. It reported 36 employees.