First Presbyterian Nursery School of New Canaan Inc

Analysis

First Presbyterian Nursery School of New Canaan Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in August 1975, 51 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, First Presbyterian Nursery School of New Canaan Inc reported income of $816k and spending of $783k, spending 96% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $796k to $816k (+2.6%), an average of +0.6% a year. The sharpest change came in the year to July 2021, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, First Presbyterian Nursery School of New Canaan Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Angeli Parvi ($816k), Pocono MTN Public Library Inc ($816k) and Freedom Forum Institute Inc ($816k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $85k (11% of expenses). Other salaries and wages came to $480k. At year end it held assets of $953k against liabilities of $2,322, net assets of $951k. It reported 27 employees.