Framingham Centre Nursery Schoolinc

Analysis

Framingham Centre Nursery Schoolinc is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in February 2009, 17 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 2023, Framingham Centre Nursery Schoolinc reported income of $494k and spending of $416k, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $504k to $494k (-2.1%), an average of -0.7% a year. The sharpest change came in the year to June 2022, when income rose by 197%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Framingham Centre Nursery Schoolinc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include California Independent Provider Training Center ($493k), Community Nursery School of Wayland Inc ($494k) and Aesthetics Institute ($493k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $66k (16% of expenses). Other salaries and wages came to $184k. At year end it held assets of $244k against liabilities of $62k, net assets of $183k. It reported 9 employees.