Catherine Morrill Day Nursery

Analysis

Catherine Morrill Day Nursery is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in August 1937, 89 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Catherine Morrill Day Nursery reported income of $1.5m and spending of $1.3m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.5m (+14%), an average of +3.3% a year. 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, Catherine Morrill Day Nursery sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within ME. Charities of a similar size with the same main cause include Brashear Association Incorporated ($1.5m), Berkshire Agriculture Ventures ($1.5m) and Newday Services for Children & Families ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $72k (5.7% of expenses). Other salaries and wages came to $712k. At year end it held assets of $2.2m against liabilities of $154k, net assets of $2.1m. It reported 29 employees.