Alpha Day Care Center Corporation

Analysis

Alpha Day Care Center Corporation is a registered charity in United States, based in Orange, NJ. It received its IRS tax-exemption ruling in June 2003, 23 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, Alpha Day Care Center Corporation reported income of $417k and spending of $416k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $417k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alpha Day Care Center Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Local Food Network ($417k), Autism Services of Southwest Louisiana ($417k) and Human Relief Foundation Corp ($417k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $62k (15% of expenses). Other salaries and wages came to $96k. At year end it held assets of $39k against liabilities of $1,996, net assets of $37k. It reported 6 employees.