Rutherford Cooperative Day Nursery

Analysis

Rutherford Cooperative Day Nursery is a registered charity in United States, based in Rutherford, NJ. It received its IRS tax-exemption ruling in May 1971, 55 years ago. 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 June 2024, Rutherford Cooperative Day Nursery reported income of $241k and spending of $238k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $205k to $241k (+18%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rutherford Cooperative Day Nursery sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Alltrust Payee Corporation Inc ($241k), Sunshine Daycare Center Inc ($241k) and World Changers International ($241k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $24k (10% of expenses). Other salaries and wages came to $124k. At year end it held assets of $213k against liabilities of $34k, net assets of $179k. It reported 10 employees.