Dayspring Childrens Center

Analysis

Dayspring Childrens Center is a registered charity in United States, based in Fairfield, OH. It received its IRS tax-exemption ruling in October 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Dayspring Childrens Center reported income of $306k and spending of $380k, spending 124% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $240k to $306k (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 101%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dayspring Childrens Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Hill House Ministries ($306k), The Golden Connection Childcare Center ($306k) and Treasure in Heaven ($306k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 19% of the total. Compensation of current officers, directors and key employees was $116k (30% of expenses). Other salaries and wages came to $91k. At year end it held assets of $665k against liabilities of $47k, net assets of $618k. It reported 4 employees.