Norwood Christian Preschool

Analysis

Norwood Christian Preschool is a registered charity in United States, based in Norwood, MA. It received its IRS tax-exemption ruling in February 2008, 18 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, Norwood Christian Preschool reported income of $233k and spending of $222k, spending 95% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $258k to $233k (-9.9%), an average of -5.1% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Norwood Christian Preschool sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Students with a Goal ($233k), Ave Maria Academy Inc ($233k) and Association of Public Health Nurses ($233k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $92k (41% of expenses). Other salaries and wages came to $61k. At year end it held assets of $116k against liabilities of $0, net assets of $116k. It reported 6 employees.