Ascension Nursery & Kindergarten Inc

Analysis

Ascension Nursery & Kindergarten Inc is a registered charity in United States, based in Ipswich, MA. It received its IRS tax-exemption ruling in March 1968, 58 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 2024, Ascension Nursery & Kindergarten Inc reported income of $126k and spending of $154k, spending 122% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $124k to $126k (+1.6%), an average of +1.6% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ascension Nursery & Kindergarten Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Oscar Romero House Inc ($126k), PTA Texas Congress ($126k) and First United Methodist Church Foundation of Sioux Falls ($126k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.