First Congregational Church Day Care & Nursery Inc of Cheshire

Analysis

First Congregational Church Day Care & Nursery Inc of Cheshire is a registered charity in United States, based in Cheshire, CT. It received its IRS tax-exemption ruling in September 1995, 31 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 December 2023, First Congregational Church Day Care & Nursery Inc of Cheshire reported income of $615k and spending of $626k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $615k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Congregational Church Day Care & Nursery Inc of Cheshire sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CT. Charities of a similar size with the same main cause include The Nonprofit Council Inc ($615k), Ukrainian American Home Inc ($615k) and Inner Peace for the Children ($615k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $68k (11% of expenses). Other salaries and wages came to $372k. At year end it held assets of $297k against liabilities of $65k, net assets of $232k. It reported 14 employees.