Cinderella Nursery Day Care Center

Analysis

Cinderella Nursery Day Care Center is a registered charity in United States, based in Mayaguez, PR. It received its IRS tax-exemption ruling in September 2002, 24 years ago. 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 September 2023, Cinderella Nursery Day Care Center reported income of $1.9m and spending of $1.8m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $716k to $1.9m (+171%), an average of +28% a year. The sharpest change came in the year to September 2023, when income rose by 182%. 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, Cinderella Nursery Day Care Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 80th percentile within PR. Charities of a similar size with the same main cause include YWCA of Bradford ($1.9m), Habitat for Humanity International Inc ($1.9m) and Yeshiva Tiferes Boruch Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (2.0% of expenses). Other salaries and wages came to $591k. At year end it held assets of $1.1m against liabilities of $639k, net assets of $447k. It reported 49 employees.