First United Methodist Church Nursery School

Analysis

First United Methodist Church Nursery School is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in June 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, First United Methodist Church Nursery School reported income of $752k and spending of $750k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $353k to $752k (+113%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First United Methodist Church Nursery School sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Yoknapatawpha Arts Council Inc ($752k), Two Rivers Day Care Ctr ($752k) and Lake Martin Area United Way Inc ($752k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $75k (10.0% of expenses). Other salaries and wages came to $422k. At year end it held assets of $279k against liabilities of $0, net assets of $279k. It reported 16 employees.