Maywood Cooperative Nursery School Inc

Analysis

Maywood Cooperative Nursery School Inc is a registered charity in United States, based in Maywood, NJ. It received its IRS tax-exemption ruling in July 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 July 2023, Maywood Cooperative Nursery School Inc reported income of $421k and spending of $374k, spending 89% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $320k to $421k (+32%), an average of +7.1% a year. The sharpest change came in the year to July 2022, when income rose by 19%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maywood Cooperative Nursery School Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Loma Public Education Fund ($421k), Ican Dream Foundation Inc ($421k) and Urban Christian Academy ($421k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 13% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $60k (16% of expenses). Other salaries and wages came to $212k. At year end it held assets of $177k against liabilities of $11k, net assets of $166k. It reported 8 employees.