Washington-Mclaughlin Adult Day Care Center

Analysis

Washington-Mclaughlin Adult Day Care Center is a registered charity in United States, based in Takoma Park, MD. It received its IRS tax-exemption ruling in December 1991, 35 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 December 2023, Washington-Mclaughlin Adult Day Care Center reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.3m (-2.0%), an average of -0.5% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Washington-Mclaughlin Adult Day Care Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Marguerites Place Inc ($1.3m), Assuring Love Child Placement Agency ($1.3m) and Christian Church Foundation for the Handicapped ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $48k (3.4% of expenses). Other salaries and wages came to $505k. At year end it held assets of $311k against liabilities of $11k, net assets of $301k. It reported 18 employees.