Gertrude B Nielsen Child Care and Learning Center

Analysis

Gertrude B Nielsen Child Care and Learning Center is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in March 1988, 38 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, Gertrude B Nielsen Child Care and Learning Center reported income of $4.0m and spending of $3.7m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $4.0m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gertrude B Nielsen Child Care and Learning Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Faith Christian School ($4.0m), Wildearth Guardians ($4.0m) and Bishop Sheen Ecumenical Housing Foundation Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $161k (4.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $16.5m against liabilities of $363k, net assets of $16.2m. It reported 57 employees.