Community Day Nursery

Analysis

Community Day Nursery is a registered charity in United States, based in Bayonne, NJ. It received its IRS tax-exemption ruling in February 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Community Day Nursery reported income of $1.3m and spending of $1.0m, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $803k to $1.3m (+61%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Day Nursery sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Mercer County Council on Aging ($1.3m), Eliza Huntington Memorial Home of Norwich Conn Inc ($1.3m) and Pin Ministry ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $105k (10% of expenses). Other salaries and wages came to $514k. At year end it held assets of $1.5m against liabilities of $19k, net assets of $1.5m. It reported 22 employees.