Our Finances

pic of shopper girl

Balanced Budgets and Top Quality Programs

Through the diligence of the Center's staff, the oversight of the Board of Directors, and assistance from local individuals, foundations and corporations, the Center has experienced balanced budgets for the last four fiscal years. This is no simple task, however.

The board and staff are committed to keeping the Center's fees as affordable as possible: in fact, the Center is the lowest priced day care center in Chester County. As a result, there is a $1,173 annual gap between the actual cost of caring for a child at the Center and the reimbursement we receive. At an average enrollment of 105 children, this is a $123,183 annual shortfall that is funded by our generous contributors.

How do we make ends meet? Contributions from the United Way of Chester County and other generous donors.

West Chester Area Day Care Center is a member of the Chester County Chamber of Commerce.

Statements 2011-2012

Operating Profit & Loss

income graph, fiscal year 2015-2016

Income July '15 – June '16
State & County Subsidies $459,051
Private Fees $523,536
United Way Grant $78,000
Other Grants and Contributions
(excludes grants for capital expenditures)
$122,240
Food Program Grant $84,137
Government Program (parents copay) $78,7600
Miscellaneous Income $23,752
Total Income $1,369,316

expenses graph

Expenses July '15 - June '16
Child care and education $810,765
Nutrition and health $151,988
Building and maintenance $76,770
Administrative $255,414
Depreciation and Loss on Assets Replaced $69,700
Total Expenses $1,363,637
Net Income $5,679

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Revised July 2017