Milford Cooperative Nursery School

Analysis

Milford Cooperative Nursery School is a registered charity in United States, based in Milford, MI. It received its IRS tax-exemption ruling in May 1974, 52 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 December 2023, Milford Cooperative Nursery School reported income of $196k and spending of $171k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $286k to $196k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milford Cooperative Nursery School sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Newport-Mesa High School Sailing Foundation ($196k), Friends of Concord Carlisle High School Mens Soccer Inc ($196k) and Central Florida Women League Foundation Inc ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $36k (21% of expenses). Other salaries and wages came to $72k. At year end it held assets of $266k against liabilities of $4,160, net assets of $261k. It reported 7 employees.