Childrens Day Nursery and Family Center

Analysis

Childrens Day Nursery and Family Center is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in October 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 June 2024, Childrens Day Nursery and Family Center reported income of $2.9m and spending of $2.9m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.4m to $2.9m (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Day Nursery and Family Center sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Homewoodliving Foundation Inc ($2.9m), Womens Protective Services of Lubbock Inc ($2.9m) and Dale Association Inc ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $201k (6.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.7m against liabilities of $490k, net assets of $4.2m. It reported 76 employees.