Fairmount Church Cooperative Nursery

Analysis

Fairmount Church Cooperative Nursery is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in February 1974, 52 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 August 2024, Fairmount Church Cooperative Nursery reported income of $169k and spending of $198k, spending 118% of what it took in. Across the 3 years on record, from August 2022 to August 2024, income grew from $118k to $169k (+43%), an average of +20% a year. The sharpest change came in the year to August 2023, when income rose by 62%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fairmount Church Cooperative Nursery sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include The Chinese Language School of Southern California ($169k), Living Well Ministries Inc ($169k) and PTA California Congress of Parents Teachers & Students Inc ($169k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.