Rockford Day Nursery

Analysis

Rockford Day Nursery is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in November 1944, 82 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, Rockford Day Nursery reported income of $464k and spending of $907k, spending 195% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $464k (-54%), an average of -18% a year. The sharpest change came in the year to June 2021, when income rose by 86%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rockford Day Nursery sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Alabama Counseling Association ($464k), Meals on Wheels of Ridgefield ($464k) and Pelham Life Long Learning Center Inc ($464k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $107k (12% of expenses). Other salaries and wages came to $371k. At year end it held assets of $2.6m against liabilities of $606k, net assets of $2.0m. It reported 41 employees.