Red Brick Nursery School Inc

Analysis

Red Brick Nursery School Inc is a registered charity in United States, based in Barrington, RI. It received its IRS tax-exemption ruling in March 1983, 43 years ago. 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 2024, Red Brick Nursery School Inc reported income of $492k and spending of $595k, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $431k to $492k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Red Brick Nursery School Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within RI. Charities of a similar size with the same main cause include Pierce College Foundation ($492k), San Diego Mesa College Foundation Inc ($492k) and St Vincent de Paul Society Particular Council of Denver ($492k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $114k (19% of expenses). Other salaries and wages came to $298k. At year end it held assets of $391k against liabilities of $214k, net assets of $178k. It reported 15 employees.