Kiwanis Day Nursery Inc

Analysis

Kiwanis Day Nursery Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in July 1952, 74 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 December 2023, Kiwanis Day Nursery Inc reported income of $1.0m and spending of $909k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $530k to $1.0m (+95%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kiwanis Day Nursery Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within WV. Charities of a similar size with the same main cause include Beias Families ($1.0m), Acts4 Community Outreach Servicesinc ($1.0m) and Unexpected Productions Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $59k (6.5% of expenses). Other salaries and wages came to $530k. At year end it held assets of $1.1m against liabilities of $20k, net assets of $1.1m. It reported 44 employees.