Madison Cooperative Nursery School Inc

Analysis

Madison Cooperative Nursery School Inc is a registered charity in United States, based in Madison, NJ. It received its IRS tax-exemption ruling in August 2016, 10 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 2023, Madison Cooperative Nursery School Inc reported income of $275k and spending of $209k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $165k to $275k (+66%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madison Cooperative Nursery School Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Teachers Unite Inc ($275k), Saint Paraskeva Orthodox Charity ($275k) and Baron Real Estate Foundation Inc ($275k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 81% of the total. Other salaries and wages came to $137k. At year end it held assets of $299k against liabilities of $4,744, net assets of $294k.