Silverspot Nursery School

Analysis

Silverspot Nursery School is a registered charity in United States, based in Brisbane, CA. It received its IRS tax-exemption ruling in May 2004, 22 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, Silverspot Nursery School reported income of $205k and spending of $208k, spending 101% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $219k to $205k (-6.4%), an average of -3.3% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Silverspot Nursery School sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Hung Tao Choy Mei Leadership Institute ($205k), Mercer Island High School P T S a Mercer Island Council 2-9-50 ($205k) and Thomas Cario Middle School Band Boosters Club ($205k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $93k (45% of expenses). Other salaries and wages came to $46k. At year end it held assets of $103k against liabilities of $14k, net assets of $89k. It reported 3 employees.