Merrick Community Nursery School

Analysis

Merrick Community Nursery School is a registered charity in United States, based in Merrick, NY. It received its IRS tax-exemption ruling in July 1957, 69 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 August 2023, Merrick Community Nursery School reported income of $543k and spending of $397k, leaving 27% of income unspent that year. Across the 4 years on record, from August 2019 to August 2023, income grew from $400k to $543k (+36%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 76%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Merrick Community Nursery School sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include NCR of Solvay Housing Development Fund Co Inc ($543k), FC Chesco ($543k) and Habitat for Humanity International Inc ($543k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 28% and program service revenue 68% of the total. Other salaries and wages came to $272k. At year end it held assets of $685k against liabilities of $64k, net assets of $621k. It reported 24 employees.