Charlestown Cooperative Nurseryschool Inc

Analysis

Charlestown Cooperative Nurseryschool Inc is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in August 2007, 19 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, Charlestown Cooperative Nurseryschool Inc reported income of $2.1m and spending of $2.1m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $2.1m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charlestown Cooperative Nurseryschool Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Mental Health Resource of Texas ($2.1m), Capital Collegiate Preparatory Academy Inc ($2.1m) and Community College of Aurora Foundation ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $319k (15% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.4m against liabilities of $1.6m, net assets of $836k. It reported 28 employees.