William Woodward Jr Nursery School

Analysis

William Woodward Jr Nursery School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1986, 40 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 June 2023, William Woodward Jr Nursery School reported income of $647k and spending of $757k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $925k to $647k (-30%), an average of -8.6% a year. The sharpest change came in the year to June 2022, when income rose by 108%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, William Woodward Jr Nursery School sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Rainbow Tree Christian School Inc ($646k), Living Christ for Kids Inc ($647k) and Chelsea Academy Foundation Inc ($646k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 71% of the total. Other salaries and wages came to $456k. At year end it held assets of $1.5m against liabilities of $55k, net assets of $1.4m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.