Atlantic City Day Nursery

Analysis

Atlantic City Day Nursery is a registered charity in United States, based in Atlantic City, NJ. It received its IRS tax-exemption ruling in June 1937, 89 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, Atlantic City Day Nursery reported income of $781k and spending of $686k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $586k to $781k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Atlantic City Day Nursery sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Alliance for GLBTQ Youth Inc ($781k), Schoenbaum Family Enrichment Center Inc ($781k) and Greater Contribution ($781k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $69k (10% of expenses). Other salaries and wages came to $359k. At year end it held assets of $739k against liabilities of $0, net assets of $739k. It reported 37 employees.