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vorrhin t1_iw33xo0 wrote

And the owners can't raise their pay because they can only charge so much because families can't afford any more. It's a vicious cycle.

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Lumpyyyyy t1_iw3dmae wrote

How much are owners pulling in after expenses? I’ve been curious about that

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HikeEveryMountain t1_iw3h5li wrote

There are lots of nonprofit daycares in NH, too, where the director makes a fixed salary and other than that all the earnings go right back into staffing, food, supplies, and facilities. They're broke too. It sucks.

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Loosh_03062 t1_iw3jl7f wrote

And if they're nonprofit then their financials are public record in the form of their IRS Form 990s. Salaries of corporate officers and top employees should be lsted.

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Granolapitcher t1_iw3hbr9 wrote

As I understand it and I’m by no means an expert insurance costs a LOT to run a daycare and the owners do not make a lot of money

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