Developmental Preschool and Day Care Center

Analysis

Developmental Preschool and Day Care Center is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Developmental Preschool and Day Care Center reported income of $5.2m and spending of $5.5m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $5.2m (+9.3%), an average of +2.2% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Developmental Preschool and Day Care Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 96th percentile within WY. Charities of a similar size with the same main cause include BTG Community Outreach Inc ($5.2m), Southern Area Agency on Aging Inc ($5.2m) and Southwest Center for the Developmentally Disabled ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $4.2m against liabilities of $2.2m, net assets of $2.0m. It reported 163 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.