St Albans Day Nursery Inc

Analysis

St Albans Day Nursery Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 1951, 75 years ago. 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, St Albans Day Nursery Inc reported income of $3.5m and spending of $3.1m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.5m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 22%. 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, St Albans Day Nursery Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Hope Alliance ($3.5m), Western South Dakota Senior Services Inc ($3.5m) and New Life Community Services Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $123k (3.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.6m against liabilities of $1.5m, net assets of $2.2m. It reported 50 employees.