Harborlight Nursery School Inc

Analysis

Harborlight Nursery School Inc is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in June 1987, 39 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 August 2023, Harborlight Nursery School Inc reported income of $326k and spending of $311k, spending 95% of its income. Across the 6 years on record, from August 2018 to August 2023, income fell from $327k to $326k (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to August 2022, when income rose by 72%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harborlight Nursery School Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include JJP Inc ($326k), Friends of Audubon School ($326k) and Boys & Girls Club of Greater Shasta ($326k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $219k. At year end it held assets of $260k against liabilities of $137k, net assets of $123k. It reported 10 employees.