Hastings Cooperative Nursery School

Analysis

Hastings Cooperative Nursery School is a registered charity in United States, based in Hastings HDSN, NY. It received its IRS tax-exemption ruling in June 1993, 33 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 May 2024, Hastings Cooperative Nursery School reported income of $549k and spending of $554k, spending 101% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $378k to $549k (+45%), an average of +9.7% a year. The sharpest change came in the year to May 2022, when income rose by 44%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hastings Cooperative 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 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Birthchoice ($549k), Wisconsin Council of Religious and Independent Schools Inc ($549k) and Villa St Francis Real Estate Holdings Inc ($549k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.5% and program service revenue 82% of the total. Other salaries and wages came to $421k. At year end it held assets of $334k against liabilities of $157k, net assets of $177k. It reported 19 employees.