Hingham Community Nursery School Inc

Analysis

Hingham Community Nursery School Inc is a registered charity in United States, based in Hingham, MA. It received its IRS tax-exemption ruling in January 1975, 51 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, Hingham Community Nursery School Inc reported income of $578k and spending of $567k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $542k to $578k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hingham Community Nursery School Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include The Health Care Foundation ($578k), Vance Granville Community College Endowment Fund ($578k) and U S Assoc for Intl Migration ($577k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $75k (13% of expenses). Other salaries and wages came to $258k. At year end it held assets of $1.7m against liabilities of $424k, net assets of $1.3m. It reported 17 employees.