Jenkintown Day Nursery

Analysis

Jenkintown Day Nursery is a registered charity in United States, based in Jenkintown, PA. It received its IRS tax-exemption ruling in June 1950, 76 years ago. 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 2023, Jenkintown Day Nursery reported income of $1.3m and spending of $1.2m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jenkintown Day Nursery sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Greater Chatham Initiative Inc ($1.3m), Resurrection House Association ($1.3m) and Center for Living & Learning Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 52% of the total. Other salaries and wages came to $677k. At year end it held assets of $1.1m against liabilities of $645k, net assets of $475k. It reported 33 employees.