Glen Rock Cooperative Nursery School

Analysis

Glen Rock Cooperative Nursery School is a registered charity in United States, based in Glen Rock, NJ. It received its IRS tax-exemption ruling in July 1972, 54 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, Glen Rock Cooperative Nursery School reported income of $414k and spending of $428k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $346k to $414k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glen Rock Cooperative Nursery School sits at the 65th percentile: it is larger than about 65% 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 Hindu Society ($414k), Darke County Historical Society Inc ($414k) and Boy Scouts of America ($413k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $61k (14% of expenses). Other salaries and wages came to $265k. At year end it held assets of $346k against liabilities of $0, net assets of $346k. It reported 18 employees.