Day Care Resources Inc

Analysis

Day Care Resources Inc is a registered charity in United States, based in Pekin, IL. It received its IRS tax-exemption ruling in November 1984, 42 years ago. 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 September 2023, Day Care Resources Inc reported income of $20.4m and spending of $20.4m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $16.0m to $20.4m (+28%), an average of +6.3% a year. The sharpest change came in the year to September 2021, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Day Care Resources Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Nysarc Inc ($20.4m), Local Government Corporation ($20.5m) and National Asian Pacific Center on Aging-Napca ($20.4m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $161k (0.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.4m against liabilities of $2.2m, net assets of $203k. It reported 38 employees.