Day Caring Preschool

Analysis

Day Caring Preschool is a registered charity in United States, based in Fairfax, CA. It received its IRS tax-exemption ruling in December 1975, 51 years ago. 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 Caring Preschool reported income of $745k and spending of $818k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $587k to $745k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Day Caring Preschool 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 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include The Charles W and Elizabeth H Coker Foundation ($745k), Florida Dental Association Foundation Inc ($745k) and Nasba Center for the Public Trust ($745k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $89k (11% of expenses). Other salaries and wages came to $372k. It paid $1,763 in professional fundraising fees. At year end it held assets of $159k against liabilities of $160k, net assets of -$689. It reported 10 employees.