Amalgamated Nursery School

Analysis

Amalgamated Nursery School is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Amalgamated Nursery School reported income of $645k and spending of $698k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $537k to $645k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Amalgamated Nursery School sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Cair-Pennsylvania ($645k), Care & Share Inc ($645k) and Meals on Wheels of West Los Angeles Inc ($645k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $79k (11% of expenses). Other salaries and wages came to $444k. At year end it held assets of $253k against liabilities of $0, net assets of $253k. It reported 11 employees.