Community Day Center of Waltham

Analysis

Community Day Center of Waltham is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. 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, Community Day Center of Waltham reported income of $357k and spending of $402k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $357k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2020, when income rose by 190%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Day Center of Waltham sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Operation Care for the Troops of the DC Area ($357k), National Church Residences of ($357k) and American Military Family Inc ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $248k. At year end it held assets of $1.5m against liabilities of $470k, net assets of $1.1m. It reported 30 employees.