Day Care Inc

Analysis

Day Care Inc is a registered charity in United States, based in Centreville, MD. It received its IRS tax-exemption ruling in April 1974, 52 years ago. 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, Day Care Inc reported income of $794k and spending of $838k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $568k to $794k (+40%), an average of +8.7% a year. 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, Day Care Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Saint Peters Research and Educational Foundation Inc ($794k), King William Association ($794k) and Avondale Park Apartments Inc ($794k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 97% of the total. Other salaries and wages came to $627k. At year end it held assets of $312k against liabilities of $83k, net assets of $228k. It reported 23 employees.