Parents Nursery School Inc

Analysis

Parents Nursery School Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in April 1956, 70 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, Parents Nursery School Inc reported income of $323k and spending of $296k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $334k to $323k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parents Nursery School Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Dickinson Hospitals Foundation ($323k), Sterling Grove Housing Development ($323k) and South Macedon Fire and Rescue Inc ($323k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. At year end it held assets of $1.2m against liabilities of $455k, net assets of $720k. It reported 4 employees.