Mamaroneck Community Nursery School
Analysis
Mamaroneck Community Nursery School is a registered charity in United States, based in Mamaroneck, NY. It received its IRS tax-exemption ruling in April 1981, 45 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 2024, Mamaroneck Community Nursery School reported income of $1.6m and spending of $1.7m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $822k to $1.6m (+101%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 101%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Mamaroneck Community Nursery School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Womens Empowerment ($1.6m), Laborers Local 1298 Joint Apprenticeship & Training TR Fund ($1.6m) and Southwestern Ahec Inc ($1.6m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $105k (6.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.7m against liabilities of $220k, net assets of $2.5m. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.7%
- Program services 91%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Womens Empowerment | Sacramento | $1.6m |
| Laborers Local 1298 Joint Apprenticeship & Training TR Fund | Hempstead | $1.6m |
| Southwestern Ahec Inc | Shelton | $1.6m |
| Lowenstine Fund Corporation | Culver | $1.6m |