Nurtury Inc

Analysis

Nurtury Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in October 1956, 70 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 August 2023, Nurtury Inc reported income of $26.3m and spending of $23.5m, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $19.4m to $26.3m (+36%), an average of +8.0% a year. The sharpest change came in the year to August 2023, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nurtury Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Illinois Coalition Against Sexual Assault ($26.3m), The Medical Trust ($26.4m) and Benhaven Inc ($26.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $587k (2.5% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $23.2m against liabilities of $4.2m, net assets of $19.1m. It reported 150 employees.