Bethesda Nursery School Inc

Analysis

Bethesda Nursery School Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in June 1993, 33 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 2023, Bethesda Nursery School Inc reported income of $522k and spending of $415k, leaving 20% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $317k to $522k (+65%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethesda Nursery School Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CT. Charities of a similar size with the same main cause include Charles Regional Medical Center Foundation Inc ($522k), Georgia Watch ($522k) and Creative Learning Center of Farmville ($522k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $72k (17% of expenses). Other salaries and wages came to $228k. At year end it held assets of $797k against liabilities of $24k, net assets of $773k. It reported 8 employees.