Mendham Cooperative Nursery School

Analysis

Mendham Cooperative Nursery School is a registered charity in United States, based in Mendham, NJ. It received its IRS tax-exemption ruling in April 1974, 52 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, Mendham Cooperative Nursery School reported income of $200k and spending of $199k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $186k to $200k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mendham Cooperative Nursery School sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Hawn Memorial Library ($200k), Seminary for the Third Millennium ($200k) and Hampton Band Association ($200k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $37k (18% of expenses). Other salaries and wages came to $79k. At year end it held assets of $100k against liabilities of $23k, net assets of $77k. It reported 9 employees.