Garden City Nursery School

Analysis

Garden City Nursery School is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in December 1970, 56 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 June 2024, Garden City Nursery School reported income of $500k and spending of $517k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $394k to $500k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garden City Nursery School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Protego Press ($500k), Kansas City Kansas School Foundation for Excellence ($500k) and Emergency Medical Assistance Inc ($500k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.3% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $54k (10% of expenses). Other salaries and wages came to $324k. At year end it held assets of $621k against liabilities of $225k, net assets of $396k. It reported 28 employees.