Silver Spring Nursery School

Analysis

Silver Spring Nursery School is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in February 1984, 42 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 June 2023, Silver Spring Nursery School reported income of $228k and spending of $242k, spending 106% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income grew from $227k to $228k (+0.7%), an average of +0.4% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Silver Spring Nursery School sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Education Bridge ($228k), Grants Pass Active Club Inc ($228k) and Ridgefield Boosters ($228k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.0% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $47k (19% of expenses). Other salaries and wages came to $117k. At year end it held assets of $240k against liabilities of $0, net assets of $240k. It reported 15 employees.