Daybreak Inc

Analysis

Daybreak Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in July 1975, 51 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, Daybreak Inc reported income of $6.2m and spending of $7.4m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.9m to $6.2m (-21%), an average of -5.6% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daybreak Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Alleghenies United Cerebral Palsy ($6.2m), Daly City Peninsula Partnership Collaborative ($6.2m) and Lessie Bates Davis Neighborhood House Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $89k (1.2% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $13.2m against liabilities of $473k, net assets of $12.8m. It reported 129 employees.