Chapel Hill Day Care Center Inc

Analysis

Chapel Hill Day Care Center Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in April 1968, 58 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Chapel Hill Day Care Center Inc reported income of $1.5m and spending of $1.3m, spending 87% of its income. Across the 3 years on record, from August 2020 to August 2023, income grew from $1.2m to $1.5m (+25%), an average of +12% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chapel Hill Day Care Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Cottonwood County Developmental Achievement Center Inc ($1.5m), Butte Emergency Food Bank ($1.5m) and Nevada Humanities Inc ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Other salaries and wages came to $762k. At year end it held assets of $2.3m against liabilities of $301k, net assets of $2.0m. It reported 30 employees.