Mid-Hudson Valley Early Education Center

Analysis

Mid-Hudson Valley Early Education Center is a registered charity in United States, based in Valhalla, NY. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mid-Hudson Valley Early Education Center reported income of $9.8m and spending of $11.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.3m to $9.8m (-5.0%), an average of -1.3% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mid-Hudson Valley Early Education Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Beehive Educational Services ($9.8m), New Los Angeles Charter School ($9.8m) and Horizon Science Academy Youngstown Inc ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. At year end it held assets of $5.9m against liabilities of $11.7m, net assets of -$5.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.