Mount Alvernia Day Care and Learning Center

Analysis

Mount Alvernia Day Care and Learning Center is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 1991, 35 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 2023, Mount Alvernia Day Care and Learning Center reported income of $1.8m and spending of $2.1m, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.8m (+30%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mount Alvernia Day Care and Learning Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Fourth Circuit Public Defender Corporation ($1.8m), Lexington Community Services Inc ($1.8m) and Keren Simchas Kallah ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.8% and program service revenue 90% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.6m against liabilities of $147k, net assets of $2.4m. It reported 37 employees.