Zion Day Care Center Inc

Analysis

Zion Day Care Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2021, Zion Day Care Center Inc reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 3 years on record, from June 2019 to June 2021, income fell from $1.4m to $1.3m (-5.9%), an average of -3.0% a year. The sharpest change came in the year to June 2020, when income dropped by 15%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zion Day Care Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Siddhi Vinayaka Cultural Center Inc ($1.3m), Arrowhead Ministries ($1.3m) and Free Spiritual Community ($1.3m).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $98k (7.3% of expenses). Other salaries and wages came to $668k. At year end it held assets of $285k against liabilities of $314k, net assets of -$29k. It reported 17 employees.