Growing Garden Nursery School of Paramus Inc
Analysis
Growing Garden Nursery School of Paramus Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in December 2010, 16 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 June 2024, Growing Garden Nursery School of Paramus Inc reported income of $485k and spending of $540k, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $268k to $485k (+81%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Growing Garden Nursery School of Paramus Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Generation Serve ($485k), Nonprofit Hub ($485k) and Shooting Stars Foundation Inc ($485k).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $104k (19% of expenses). Other salaries and wages came to $226k. At year end it held assets of $146k against liabilities of $80k, net assets of $66k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Generation Serve | Austin | $485k |
| Nonprofit Hub | Bridgeville | $485k |
| Shooting Stars Foundation Inc | Fremont | $485k |
| Friends of Amateur Rocketry Inc | Long Beach | $485k |