Nuestros Ninos Day Care Center Inc

Analysis

Nuestros Ninos Day Care Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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, Nuestros Ninos Day Care Center Inc reported income of $8.8m and spending of $8.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $8.8m (+86%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nuestros Ninos Day Care Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Joint Journeymen & Apprentice ($8.8m), Celebrity Series of Boston ($8.8m) and MV Advancements ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $2.5m against liabilities of $2.1m, net assets of $350k. It reported 88 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.