Hodge Memorial Day Care Center Inc

Analysis

Hodge Memorial Day Care Center Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in April 1965, 61 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 December 2023, Hodge Memorial Day Care Center Inc reported income of $499k and spending of $588k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $373k to $499k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 151%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hodge Memorial Day Care Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include El Cemi Housing Development Fund Co Inc ($499k), Tax-Aid ($499k) and Wesley House Student Residence Inc ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $47k (8.0% of expenses). Other salaries and wages came to $243k. At year end it held assets of $933k against liabilities of $25k, net assets of $909k. It reported 12 employees.