Oakland Progressive Daycare Center Incorporated

Analysis

Oakland Progressive Daycare Center Incorporated is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oakland Progressive Daycare Center Incorporated reported income of $245k and spending of $258k, spending 105% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $163k to $245k (+50%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oakland Progressive Daycare Center Incorporated sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Society of American Military Engineers ($245k), C S Lewis Foundation ($245k) and Center for Compassionate Leadership Inc ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $113k (44% of expenses). Other salaries and wages came to $59k. At year end it held assets of $303k against liabilities of $41k, net assets of $263k. It reported 5 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.