Neighborhood Co-Operative Nursery School Inc

Analysis

Neighborhood Co-Operative Nursery School Inc is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in October 1973, 53 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 June 2023, Neighborhood Co-Operative Nursery School Inc reported income of $587k and spending of $456k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $398k to $587k (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 100%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Neighborhood Co-Operative Nursery School Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Holy Family Learning Center Inc ($587k), Levantar ($587k) and Hotchkiss Library of Sharon Inc ($587k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $77k (17% of expenses). Other salaries and wages came to $245k. At year end it held assets of $794k against liabilities of $141k, net assets of $653k. It reported 15 employees.