Hushabye Nursery

Analysis

Hushabye Nursery is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hushabye Nursery reported income of $6.0m and spending of $5.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $6.0m (+462%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hushabye Nursery sits at the 92nd 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 91st percentile within AZ. Charities of a similar size with the same main cause include Haitian Youth and Community Center of Florida Inc ($6.0m), Our Place in New York Inc ($6.0m) and Louisiana Family Services Inc ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $545k (9.9% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $3.8m against liabilities of $1.3m, net assets of $2.5m. It reported 168 employees.