Toledo Day Nursery

Analysis

Toledo Day Nursery is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in October 1947, 79 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 2023, Toledo Day Nursery reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+10%), an average of +2.4% a year. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Toledo Day Nursery sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Trusting Him Inc ($1.5m), Uplift Center for Grieving Children ($1.5m) and Kids Win Missouri ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $139k (9.8% of expenses). Other salaries and wages came to $761k. At year end it held assets of $4.7m against liabilities of $27k, net assets of $4.7m. It reported 34 employees.