Schenectady Day Nursery Inc

Analysis

Schenectady Day Nursery Inc is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in November 1941, 85 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Schenectady Day Nursery Inc reported income of $927k and spending of $688k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $693k to $927k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Schenectady Day Nursery Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Young Womens Christian Association ($927k), Teen Challenge of St Louis ($927k) and New London Area Food Pantry ($927k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $73k (11% of expenses). Other salaries and wages came to $399k. At year end it held assets of $1.8m against liabilities of $7,846, net assets of $1.8m. It reported 18 employees.