Community Nursery of Cayuga Heights Inc

Analysis

Community Nursery of Cayuga Heights Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in June 1968, 58 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, Community Nursery of Cayuga Heights Inc reported income of $275k and spending of $270k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $200k to $275k (+37%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Nursery of Cayuga Heights Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Jesse Owens Memorial Park ($275k), Afcea Educational Foundation ($275k) and American Marketing Association Inc ($275k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $25k (9.1% of expenses). Other salaries and wages came to $175k. At year end it held assets of $262k against liabilities of $63k, net assets of $199k. It reported 12 employees.