Daybreak Adult Day Services Inc

Analysis

Daybreak Adult Day Services Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Daybreak Adult Day Services Inc reported income of $1.2m and spending of $1.5m, spending 128% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.2m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daybreak Adult Day Services Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Jacksonville Urban League Inc ($1.2m), Austin Creative Reuse ($1.2m) and South Caldwell Christian Ministries ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 69% of the total. Other salaries and wages came to $646k. At year end it held assets of $1.6m against liabilities of $1.4m, net assets of $218k. It reported 34 employees.