North Shore Nursery School Inc

Analysis

North Shore Nursery School Inc is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in July 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, North Shore Nursery School Inc reported income of $1.2m and spending of $1.0m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $753k to $1.2m (+53%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 87%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Shore Nursery School Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Global Investment Foundation Fortomorrow Inc ($1.2m), Friends of Zo Artzeinu Inc ($1.2m) and American International Recruitment Council ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $127k (12% of expenses). Other salaries and wages came to $530k. At year end it held assets of $2.7m against liabilities of $91k, net assets of $2.6m. It reported 17 employees.