Plano Day Care Center

Analysis

Plano Day Care Center is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in March 1971, 55 years ago. 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 October 2023, Plano Day Care Center reported income of $308k and spending of $299k, spending 97% of its income. Across the 4 years on record, from October 2019 to October 2023, income grew from $205k to $308k (+50%), an average of +14% a year. The sharpest change came in the year to October 2023, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plano Day Care Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Raytown Emergency Assistance Program Inc ($307k), Peter Pan Nursery School ($308k) and North Texas Medical Center Foundation Inc ($307k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 59% and program service revenue 26% of the total. Other salaries and wages came to $197k. It paid $9,084 in professional fundraising fees. At year end it held assets of $126k against liabilities of $8,081, net assets of $117k. It reported 16 employees.