Superior Day Care

Analysis

Superior Day Care is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Superior Day Care reported income of $2.1m and spending of $1.6m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.1m (+89%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Superior Day Care sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Desoto County Dream Center ($2.1m), Paramount Center for the Arts ($2.1m) and Tri County Young Mens Christian Association of New York ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m. It reported 22 employees.