North Guilford Nursery School Inc

Analysis

North Guilford Nursery School Inc is a registered charity in United States, based in Guilford, CT. It received its IRS tax-exemption ruling in July 2013, 13 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 July 2023, North Guilford Nursery School Inc reported income of $186k and spending of $188k, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $210k to $186k (-12%), an average of -3.0% a year. The sharpest change came in the year to July 2022, when income rose by 197%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Guilford Nursery School Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within CT. Charities of a similar size with the same main cause include Alexander Hamilton Institute for the Studyof Western Civilizati ($186k), Logos Homeschool Academy Inc ($186k) and Main Street School Inc ($186k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.3% and program service revenue 93% of the total. Other salaries and wages came to $110k. At year end it held assets of $156k against liabilities of $3,500, net assets of $153k. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.