Mount Desert Nursery School
Analysis
Mount Desert Nursery School is a registered charity in United States, based in Northeast Harbor, ME. It received its IRS tax-exemption ruling in May 1976, 50 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 2024, Mount Desert Nursery School reported income of $410k and spending of $216k, leaving 47% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $165k to $410k (+149%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 98%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Mount Desert Nursery School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 62nd percentile within ME. Charities of a similar size with the same main cause include Entrepreneurs Organization ($410k), Kiilys Kids Incorporated ($410k) and The Nashville Neighborhood Education Center Inc ($410k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 34% of the total. Other salaries and wages came to $154k. At year end it held assets of $281k against liabilities of $0, net assets of $281k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 64%
- Program services 34%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Entrepreneurs Organization | Vienna | $410k |
| Kiilys Kids Incorporated | Opalocka | $410k |
| The Nashville Neighborhood Education Center Inc | Nashville | $410k |
| Portal School Community Organization | San Jose | $410k |