Roosevelt Island Day Nursery Inc

Analysis

Roosevelt Island Day Nursery Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Roosevelt Island Day Nursery Inc reported income of $1.4m and spending of $1.5m, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $20k to $1.4m (+7069%), an average of +191% a year. The sharpest change came in the year to August 2020, when income rose by 8563%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Roosevelt Island Day Nursery Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Foliocollaborative Inc ($1.4m), Growing Years School ($1.4m) and Jefferson Community and Technical College Foundation Inc ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $111k (7.2% of expenses). Other salaries and wages came to $830k. At year end it held assets of $490k against liabilities of $208k, net assets of $283k. It reported 22 employees.