Penfeld Village Nursery School

Analysis

Penfeld Village Nursery School is a registered charity in United States, based in Penfield, NY. It received its IRS tax-exemption ruling in April 1970, 56 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 July 2024, Penfeld Village Nursery School reported income of $400k and spending of $380k, spending 95% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $359k to $400k (+11%), an average of +2.2% a year. The sharpest change came in the year to July 2022, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Penfeld Village Nursery School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Inspiring Minds ($400k), Morning Glory Montessori School ($400k) and Riverside County Office of Education Foundation ($400k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 2.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $70k (18% of expenses). At year end it held assets of $346k against liabilities of $0, net assets of $346k. It reported 21 employees.