Chenango Nursery School Inc

Analysis

Chenango Nursery School Inc is a registered charity in United States, based in Hamilton, NY. It received its IRS tax-exemption ruling in December 1982, 44 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 2023, Chenango Nursery School Inc reported income of $1.2m and spending of $1.4m, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $840k to $1.2m (+48%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 70%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chenango Nursery School Inc 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 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Camp Fire ($1.2m), JFT Recovery and Veterans Support Services ($1.2m) and Southampton Fire Co 1 ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $67k (5.0% of expenses). Other salaries and wages came to $934k. At year end it held assets of $955k against liabilities of $126k, net assets of $829k. It reported 44 employees.