Asbury Nursery School

Analysis

Asbury Nursery School is a registered charity in United States, based in Tuckahoe, NY. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Asbury Nursery School reported income of $969k and spending of $1.0m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $905k to $969k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asbury Nursery School sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Demedici Corporation ($969k), All Brothers in Christ ($969k) and Lyman Learning Institute Inc ($969k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $729k. At year end it held assets of $430k against liabilities of $322k, net assets of $108k. It reported 20 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.