University Now Day Nursery

Analysis

University Now Day Nursery is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in December 1971, 55 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 June 2023, University Now Day Nursery reported income of $5.3m and spending of $4.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $5.3m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2023, when income rose by 18%. 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, University Now Day Nursery sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Tysons Corner Childrens Center Inc ($5.3m), Little People Childcare Inc ($5.3m) and Committed to Healthy Meals Food Program Inc ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $234k (4.9% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $1.7m against liabilities of $410k, net assets of $1.3m. It reported 100 employees.