Haverhill Day Nursery Association Inc

Analysis

Haverhill Day Nursery Association Inc is a registered charity in United States, based in Haverhill, MA. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Haverhill Day Nursery Association Inc reported income of $809k and spending of $774k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $434k to $809k (+86%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haverhill Day Nursery Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Rosaleanas Community Developmentcenter Inc ($809k), Failte Care Corporation ($809k) and Cape Kid Meals Inc ($809k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $74k (9.6% of expenses). Other salaries and wages came to $530k. At year end it held assets of $748k against liabilities of $102k, net assets of $646k. It reported 15 employees.