Bolton Hill Nursery Inc

Analysis

Bolton Hill Nursery Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bolton Hill Nursery Inc reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.4m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bolton Hill Nursery Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include The Moaa Foundation ($1.4m), Southwest Detroit Business Association Inc ($1.4m) and Mueller Apartments Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $110k (8.0% of expenses). Other salaries and wages came to $839k. At year end it held assets of $1.9m against liabilities of $639k, net assets of $1.3m. It reported 35 employees.