Westport-Weston Cooperative Nursery School Inc

Analysis

Westport-Weston Cooperative Nursery School Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in March 1977, 49 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, Westport-Weston Cooperative Nursery School Inc reported income of $1.2m and spending of $1.1m, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.0m to $1.2m (+24%), an average of +5.5% a year. The sharpest change came in the year to August 2021, when income rose by 127%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westport-Weston Cooperative Nursery School Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within CT. Charities of a similar size with the same main cause include Hope Chinese School Inc ($1.2m), Los Angeles College Prep Academy ($1.2m) and Sumaj Foundation ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $76k (6.9% of expenses). Other salaries and wages came to $704k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 40 employees.