Daystar for Medically Fragile Children Inc

Analysis

Daystar for Medically Fragile Children Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 2017, 9 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 December 2023, Daystar for Medically Fragile Children Inc reported income of $4.8m and spending of $4.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $4.8m (+98%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 303%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daystar for Medically Fragile Children Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Community Empowerment Resources ($4.8m), Sheriffs Ranches Enterprises Inc ($4.8m) and Safe Harbor Community Center ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $146k (3.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $10.8m against liabilities of $1.0m, net assets of $9.7m. It reported 73 employees.