Milldam Nursery School Inc

Analysis

Milldam Nursery School Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in July 1969, 57 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 July 2023, Milldam Nursery School Inc reported income of $663k and spending of $592k, spending 89% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $463k to $663k (+43%), an average of +9.4% a year. The sharpest change came in the year to July 2022, when income rose by 105%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milldam Nursery School Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Ateres Bnos Ita ($662k), Glendale Christian Academy Inc ($663k) and Mt Salus Christian School ($662k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 9.0% and program service revenue 91% of the total. Other salaries and wages came to $423k. At year end it held assets of $631k against liabilities of $205k, net assets of $426k. It reported 19 employees.