Day One Early Learning Community Inc

Analysis

Day One Early Learning Community Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Day One Early Learning Community Inc reported income of $1.4m and spending of $1.5m, spending 105% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $475k to $1.4m (+202%), an average of +74% a year. The sharpest change came in the year to June 2023, when income rose by 134%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Day One Early Learning Community Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Tacombi Foundation Inc ($1.4m), Lift ($1.4m) and Bushnell Foundation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $117k (7.7% of expenses). Other salaries and wages came to $624k. At year end it held assets of $1.3m against liabilities of $1.1m, net assets of $204k. It reported 19 employees.