Nursery Rhyme Inc

Analysis

Nursery Rhyme Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in April 1993, 33 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, Nursery Rhyme Inc reported income of $402k and spending of $299k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $402k (+122%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nursery Rhyme Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include Ninety-Nine Plus One Foundation ($402k), Clarence Fraim Senior Center of Delaware Inc ($402k) and Weequahic Park Multi-Purpose Center ($402k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $87k (29% of expenses). Other salaries and wages came to $70k. At year end it held assets of $509k against liabilities of $0, net assets of $509k. It reported 9 employees.