Clara Barton Day Care Center Inc

Analysis

Clara Barton Day Care Center Inc is a registered charity in United States, based in Cabin John, MD. It received its IRS tax-exemption ruling in February 1976, 50 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 August 2023, Clara Barton Day Care Center Inc reported income of $1.5m and spending of $1.3m, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.5m (+27%), an average of +6.2% a year. The sharpest change came in the year to August 2023, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clara Barton Day Care Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Ride with US Inc ($1.5m), Wafer Inc ($1.5m) and Azle Caring Center ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $92k (7.3% of expenses). Other salaries and wages came to $901k. At year end it held assets of $1.4m against liabilities of $217k, net assets of $1.2m. It reported 34 employees.