Day52 Inc

Analysis

Day52 Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in February 2022, 4 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, Day52 Inc reported income of $496k and spending of $614k, spending 124% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $481k to $496k (+3.2%), an average of +1.6% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Day52 Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include New Beginnings Pregnancy Help Center ($496k), Trustees of Charitable Donations for Inhabitants ($496k) and Taiwan Center Inc ($496k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $310k. At year end it held assets of $306k against liabilities of $126k, net assets of $180k. It reported 26 employees.