The Tacoma Daycare and Pre-School Association

Analysis

The Tacoma Daycare and Pre-School Association is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, The Tacoma Daycare and Pre-School Association reported income of $971k and spending of $876k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $645k to $971k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Tacoma Daycare and Pre-School Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Good Shepherd Community Center Inc ($970k), All About Change Inc ($971k) and Christos House Inc ($970k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $64k (7.3% of expenses). Other salaries and wages came to $520k. At year end it held assets of $2.2m against liabilities of $61k, net assets of $2.1m. It reported 16 employees.