Hibbing Parents Nursery School Inc

Analysis

Hibbing Parents Nursery School Inc is a registered charity in United States, based in Hibbing, MN. It received its IRS tax-exemption ruling in July 1967, 59 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, Hibbing Parents Nursery School Inc reported income of $162k and spending of $161k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $200k to $162k (-19%), an average of -6.7% a year. The sharpest change came in the year to June 2022, when income dropped by 24%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hibbing Parents Nursery School Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include First Baptist Church Foundation TR 080120 ($162k), Key Consumer Organization Incorporated ($162k) and Foundation of Lancaster Chamber ($162k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.