Quaker Lane Cooperative Nursery School

Analysis

Quaker Lane Cooperative Nursery School is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in January 1953, 73 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 July 2024, Quaker Lane Cooperative Nursery School reported income of $263k and spending of $208k, leaving 21% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $165k to $263k (+59%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 33%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Quaker Lane Cooperative Nursery School sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CT. Charities of a similar size with the same main cause include Association of Fundraising Professionals ($263k), Society of St Vincent de Paul ($263k) and The United Methodist Renewal Services Fellowship ($263k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 95% of the total. Other salaries and wages came to $146k. At year end it held assets of $300k against liabilities of $40k, net assets of $260k. It reported 5 employees.