Northfield Day Care Center Corporation

Analysis

Northfield Day Care Center Corporation is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in April 1973, 53 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, Northfield Day Care Center Corporation reported income of $213k and spending of $214k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $213k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northfield Day Care Center Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Zoe Ministries Inc ($213k), Butte Regional Transportation Corporation ($213k) and The Dickey Foundation ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $157k. At year end it held assets of $181k against liabilities of $12k, net assets of $169k. It reported 6 employees.