Millburn Township Cooperative Nursery School

Analysis

Millburn Township Cooperative Nursery School is a registered charity in United States, based in Millburn, NJ. It received its IRS tax-exemption ruling in October 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 2024, Millburn Township Cooperative Nursery School reported income of $591k and spending of $593k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $215k to $591k (+175%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millburn Township Cooperative Nursery School sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include School of Lost Borders ($591k), Emily C and John E Hansen Intellectual Property Law Institut ($591k) and Clinton Community College Foundation Inc ($591k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $70k (12% of expenses). Other salaries and wages came to $395k. At year end it held assets of $337k against liabilities of $0, net assets of $337k. It reported 13 employees.