Merry-Go-Round Nursery School Inc

Analysis

Merry-Go-Round Nursery School Inc is a registered charity in United States, based in Medford, 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 December 2023, Merry-Go-Round Nursery School Inc reported income of $158k and spending of $144k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $158k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Merry-Go-Round Nursery School Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include International Children Education Association ($158k), Rockwall Rotary Foundation ($158k) and One Positive Place Inc ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 67% of the total. At year end it held assets of $74k against liabilities of $7,389, net assets of $67k.