Westwood Nursery School Inc

Analysis

Westwood Nursery School Inc is a registered charity in United States, based in Westwood, MA. It received its IRS tax-exemption ruling in April 1969, 57 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, Westwood Nursery School Inc reported income of $204k and spending of $202k, spending 99% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $160k to $204k (+28%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westwood Nursery School Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Eula and David Wintermann Library Inc ($204k), West Rutland High School Foundation Inc ($204k) and Denison Society Inc ($204k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $75k (37% of expenses). Other salaries and wages came to $61k. At year end it held assets of $64k against liabilities of $90k, net assets of -$26k. It reported 7 employees.