Cloverdale Cooperative Nursery School

Analysis

Cloverdale Cooperative Nursery School is a registered charity in United States, based in Florence, MA. It received its IRS tax-exemption ruling in September 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cloverdale Cooperative Nursery School reported income of $190k and spending of $214k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $122k to $190k (+56%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 145%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cloverdale Cooperative Nursery School sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Utah Library Association ($190k), Institute of Classical Architecture and Art Inc ($190k) and Schoenstatt Movement of Florida Inc ($190k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $158k (74% of expenses). At year end it held assets of $115k against liabilities of $0, net assets of $115k. It reported 6 employees.