Lutheran Day Nursery Association of Chicago

Analysis

Lutheran Day Nursery Association of Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1935, 91 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 June 2023, Lutheran Day Nursery Association of Chicago reported income of $577k and spending of $599k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $397k to $577k (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Day Nursery Association of Chicago sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include NHN ($577k), Whispering Manes Therapeutic Riding Center Inc ($577k) and New Pathways Inc ($577k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $57k (9.5% of expenses). Other salaries and wages came to $248k. At year end it held assets of $301k against liabilities of $20k, net assets of $281k. It reported 12 employees.