Oakland Community Nursery School

Analysis

Oakland Community Nursery School is a registered charity in United States, based in Oakland, NJ. It received its IRS tax-exemption ruling in December 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Oakland Community Nursery School reported income of $1.7m and spending of $1.7m, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.7m (+46%), an average of +9.9% a year. The sharpest change came in the year to August 2022, when income rose by 59%. 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, Oakland Community Nursery School sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Sonshine Learning Center ($1.7m), Lewisville Education Foundation Inc ($1.7m) and Montessori Etc Inc ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. Other salaries and wages came to $806k. At year end it held assets of $448k against liabilities of $380k, net assets of $68k. It reported 92 employees.