Leila Day Nurseries Inc

Analysis

Leila Day Nurseries Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in April 1943, 83 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Leila Day Nurseries Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $1.6m to $1.9m (+24%), an average of +4.5% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leila Day Nurseries Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within CT. Charities of a similar size with the same main cause include Branch County Coalition Against Domestic Violence ($1.9m), Bridges of America - the Turning Point Bridge Inc ($1.9m) and Lafayette Senior Housing Association Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $107k (5.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.9m against liabilities of $289k, net assets of $3.6m. It reported 44 employees.