Oak Park & River Forest Day Nursery

Analysis

Oak Park & River Forest Day Nursery is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in January 1943, 83 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, Oak Park & River Forest Day Nursery reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $977k to $1.2m (+22%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oak Park & River Forest Day Nursery sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include We the People of Detroit ($1.2m), Chippewa Enterprises Inc ($1.2m) and Red Ladder Theatre Company ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $79k (7.3% of expenses). Other salaries and wages came to $442k. At year end it held assets of $785k against liabilities of $274k, net assets of $511k. It reported 23 employees.