Boyne City Nursery Center Inc

Analysis

Boyne City Nursery Center Inc is a registered charity in United States, based in Boyne City, MI. It received its IRS tax-exemption ruling in August 1980, 46 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 July 2023, Boyne City Nursery Center Inc reported income of $164k and spending of $170k, spending 104% of its income. Across the 2 years on record, from July 2022 to July 2023, income fell from $200k to $164k (-18%), an average of -18% a year. The sharpest change came in the year to July 2023, when income dropped by 18%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boyne City Nursery Center Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include River Day School ($164k), Florida School Counselorassociation Inc ($164k) and Antiquarian Book School Foundation ($164k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $139k against liabilities of $260, net assets of $139k.