Community Day Care and Pre-School Center Inc

Analysis

Community Day Care and Pre-School Center Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in November 1972, 54 years ago. 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 August 2024, Community Day Care and Pre-School Center Inc reported income of $2.7m and spending of $2.7m, spending 100% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $1.6m to $2.7m (+72%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 68%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Day Care and Pre-School Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include United Ways of Florida Inc ($2.7m), College Town ($2.7m) and Ladies Union Benevolent Association ($2.7m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $99k (3.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.2m against liabilities of $61k, net assets of $1.2m. It reported 86 employees.