Easton Day Care Center Inc

Analysis

Easton Day Care Center Inc is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in October 1974, 52 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 June 2023, Easton Day Care Center Inc reported income of $3.1m and spending of $2.7m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $3.1m (+16%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Easton Day Care Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Salem Pastoral Counseling Center ($3.1m), Early Learning Center of Lubbock Inc ($3.1m) and Sustainable Food Lab ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $105k (3.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.9m against liabilities of $369k, net assets of $3.5m. It reported 73 employees.