Little Friends Co-Op Nursery School

Analysis

Little Friends Co-Op Nursery School is a registered charity in United States, based in Palmyra, NJ. It received its IRS tax-exemption ruling in September 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Little Friends Co-Op Nursery School reported income of $108k and spending of $81k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $86k to $108k (+26%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Little Friends Co-Op Nursery School sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Flintridge Guild of Childrens Hospital of Los Angeles ($108k), Legatus ($108k) and Retired Senior Volunteer Program ($108k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.