Beacon Hill Nursery School

Analysis

Beacon Hill Nursery School is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 1972, 54 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, Beacon Hill Nursery School reported income of $4.1m and spending of $3.6m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.2m to $4.1m (+28%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beacon Hill Nursery School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include University Health Care Foundation Inc ($4.1m), Summits Education ($4.1m) and Lake Sumter State College Foundation Inc ($4.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $354k (9.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $11.3m against liabilities of $2.9m, net assets of $8.4m. It reported 41 employees.