Delaware Association for the Education of Young Children

Analysis

Delaware Association for the Education of Young Children is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in February 1991, 35 years ago. 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 June 2023, Delaware Association for the Education of Young Children reported income of $195k and spending of $181k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.9m to $195k (-90%), an average of -53% a year. The sharpest change came in the year to June 2022, when income dropped by 94%. 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, Delaware Association for the Education of Young Children sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 48th percentile within DE. Charities of a similar size with the same main cause include Truckee Meadows Tomorrow ($195k), NJ Service Foundation Inc ($195k) and Little League Baseball Inc ($195k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 1.0% of the total. At year end it held assets of $405k against liabilities of $5,785, net assets of $399k.