Garrett Park Nursery School Inc

Analysis

Garrett Park Nursery School Inc is a registered charity in United States, based in Garrett Park, MD. It received its IRS tax-exemption ruling in March 1975, 51 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, Garrett Park Nursery School Inc reported income of $207k and spending of $182k, spending 88% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $19k to $207k (+985%), an average of +230% a year. The sharpest change came in the year to June 2022, when income rose by 1122%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Garrett Park Nursery School Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include North America Bible Institute ($207k), Friends of the Santa Monica Public Library ($207k) and Partnership for Educational Progress ($207k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $27k (15% of expenses). Other salaries and wages came to $104k. It paid $964 in professional fundraising fees. At year end it held assets of $469k against liabilities of $0, net assets of $469k. It reported 9 employees.