Day Nursery of Abilene

Analysis

Day Nursery of Abilene is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in May 1973, 53 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 December 2023, Day Nursery of Abilene reported income of $5.7m and spending of $5.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $5.7m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Day Nursery of Abilene sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Harold and Mickey Smith Jewish Acad Emy ($5.7m), Friends of Catholic University in Chile Inc ($5.7m) and Alpha Group of Delaware Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $120k (2.2% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $12.0m against liabilities of $265k, net assets of $11.7m. It reported 208 employees.