Toms River Nursery School

Analysis

Toms River Nursery School is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in May 1969, 57 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, Toms River Nursery School reported income of $669k and spending of $701k, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $463k to $669k (+44%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 50%. 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, Toms River Nursery School sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include General Raymond G Davis Templarfoundation Inc ($669k), Chase City Rescue Squad Inc ($669k) and United Child Care Center of Lake Geneva Ltd ($669k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $67k (9.5% of expenses). Other salaries and wages came to $345k. At year end it held assets of $446k against liabilities of $276k, net assets of $169k. It reported 16 employees.