Rockville Day Care Association Incorporated

Analysis

Rockville Day Care Association Incorporated is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in March 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Rockville Day Care Association Incorporated reported income of $3.2m and spending of $3.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $3.2m (-43%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. 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, Rockville Day Care Association Incorporated 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 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Steeple Pointe Senior Living Community ($3.2m), Union Gospel Mission Association of Olympia ($3.2m) and Center for Family Services of Palm Beach County Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $98k (3.1% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m. It reported 99 employees.