Petoskey Childrens Nursery Inc

Analysis

Petoskey Childrens Nursery Inc is a registered charity in United States, based in Petoskey, MI. It received its IRS tax-exemption ruling in January 1991, 35 years ago. 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, Petoskey Childrens Nursery Inc reported income of $159k and spending of $132k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $152k to $159k (+4.2%), an average of +4.2% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Petoskey Childrens Nursery Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include Mesabi Community Orchestra ($159k), Friends of Oconee Hill Cemetery Inc ($159k) and Emyrge Inc ($159k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 67% of the total. At year end it held assets of $144k against liabilities of $2,126, net assets of $142k.