Cedar Lane Nursery School Inc

Analysis

Cedar Lane Nursery School Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in October 1960, 66 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 July 2023, Cedar Lane Nursery School Inc reported income of $249k and spending of $241k, spending 97% of its income. Across the 4 years on record, from July 2019 to July 2023, income grew from $214k to $249k (+17%), an average of +5.3% a year. The sharpest change came in the year to July 2021, when income rose by 23%. 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, Cedar Lane Nursery School Inc 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 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Little League Baseball Inc ($249k), Lake Orion Liquid Lightning ($249k) and Jim Club of America Inc ($249k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. Other salaries and wages came to $192k. At year end it held assets of $293k against liabilities of $39k, net assets of $255k. It reported 3 employees.