Long Beach Day Nursery

Analysis

Long Beach Day Nursery is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in February 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Long Beach Day Nursery reported income of $5.2m and spending of $3.8m, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.8m to $5.2m (+36%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Long Beach Day Nursery sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Eleanor Roosevelt Community Learning Center ($5.2m), Michigan Colleges Alliance ($5.2m) and Academy of Health Sciences Charter School ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $109k (2.8% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $9.7m against liabilities of $2.1m, net assets of $7.6m. It reported 66 employees.