Gate City Day Nursery Association

Analysis

Gate City Day Nursery Association is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 1942, 84 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 2024, Gate City Day Nursery Association reported income of $658k and spending of $732k, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.0m to $658k (-35%), an average of -10% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gate City Day Nursery Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include District Council of Knoxville Society of St Vincent de Paul ($658k), Greater St Paul Day Care & Academy Inc ($658k) and Washington State Community Connectors ($658k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 4.9% of the total. Other salaries and wages came to $454k. At year end it held assets of $731k against liabilities of $52k, net assets of $679k. It reported 12 employees.