Crossroads Nursery School

Analysis

Crossroads Nursery School is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in April 1974, 52 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, Crossroads Nursery School reported income of $1.6m and spending of $1.3m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.6m (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crossroads Nursery School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Mid-Carolina Area Health Education Consortium Inc ($1.5m), Utah Independent Living Center Inc ($1.6m) and Solid Rock Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $85k (6.8% of expenses). Other salaries and wages came to $896k. At year end it held assets of $969k against liabilities of $0, net assets of $969k. It reported 20 employees.