Bowen Nursery School Inc

Analysis

Bowen Nursery School Inc is a registered charity in United States, based in Newtonville, MA. It received its IRS tax-exemption ruling in October 1974, 52 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 July 2023, Bowen Nursery School Inc reported income of $495k and spending of $488k, spending 99% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $360k to $495k (+38%), an average of +8.3% a year. The sharpest change came in the year to July 2021, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bowen Nursery School Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include PTA Texas Congress ($495k), Ronald McDonald House Charities of Tallahassee Inc ($496k) and Cape Cod Art Association Inc ($495k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $75k (15% of expenses). Other salaries and wages came to $251k. At year end it held assets of $527k against liabilities of $189k, net assets of $339k. It reported 8 employees.