Watchung Cooperative Nursery School

Analysis

Watchung Cooperative Nursery School is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in September 1984, 42 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 August 2024, Watchung Cooperative Nursery School reported income of $313k and spending of $308k, spending 99% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $312k to $313k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to August 2022, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Watchung Cooperative Nursery School sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Onetl Inc ($313k), Community Montessori School of Bisbee ($313k) and Scholarship Fund for Rainier Scholars ($312k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 97% of the total. Other salaries and wages came to $194k. At year end it held assets of $177k against liabilities of $38k, net assets of $139k.