Lucy Daniels Center for Early Childhood

Analysis

Lucy Daniels Center for Early Childhood is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Lucy Daniels Center for Early Childhood reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.6m to $2.8m (+9.5%), an average of +2.3% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lucy Daniels Center for Early Childhood sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Thunderbird Preparatory Academy Inc ($2.8m), National School Public Relations Association ($2.8m) and Wbec Metro Ny and Greater DMV Inc ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $550k (20% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.0m against liabilities of $175k, net assets of $4.9m. It reported 40 employees.