Mayo Nursery School Inc

Analysis

Mayo Nursery School Inc is a registered charity in United States, based in Edgewater, MD. It received its IRS tax-exemption ruling in November 1973, 53 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, Mayo Nursery School Inc reported income of $73k and spending of $67k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $110k to $73k (-34%), an average of -34% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. 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, Mayo Nursery School Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within MD. Charities of a similar size with the same main cause include Upshur County Literacy Program ($73k), Ivy Educational Foundation Inc ($73k) and Allendale Parent and Teacher Organization ($73k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.