San Jose Day Nursery

Analysis

San Jose Day Nursery is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 1945, 81 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, San Jose Day Nursery reported income of $1.7m and spending of $2.0m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.7m (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Jose Day Nursery sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Teen Health Center Inc ($1.7m), Little Peoples Head Start of Nevada ($1.7m) and Bhaktivedanta Book Publishing Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $109k (5.4% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.7m against liabilities of $710k, net assets of $4.0m. It reported 29 employees.