Central Day Care Center Inc

Analysis

Central Day Care Center Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in March 1962, 64 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, Central Day Care Center Inc reported income of $283k and spending of $334k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $283k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Day Care Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Dripping Springs Helping Hands Inc ($282k), Care Net Pregnancy Center of N E P a ($283k) and Health Professional Student Association ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $44k (13% of expenses). At year end it held assets of $284k against liabilities of $80k, net assets of $204k. It reported 9 employees.