Portsmouth Nursery School Inc

Analysis

Portsmouth Nursery School Inc is a registered charity in United States, based in Portsmouth, RI. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Portsmouth Nursery School Inc reported income of $76k and spending of $87k, spending 114% of what it took in. Across the 3 years on record, from August 2019 to August 2023, income fell from $109k to $76k (-30%), an average of -16% a year. The sharpest change came in the year to August 2023, when income dropped by 26%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Portsmouth Nursery School Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within RI. Charities of a similar size with the same main cause include Bristol Aggie Educational Foundation Inc ($76k), Camden County Band Boosters Inc ($76k) and Clearview Athletic Boosters ($76k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.