Westminster Nursery School

Analysis

Westminster Nursery School is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in December 1994, 32 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 June 2024, Westminster Nursery School reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $919k to $1.0m (+9.0%), an average of +1.7% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westminster Nursery School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include York Public Library Association Inc ($1.0m), Quality Education Institute Inc ($1.0m) and National School Chaplain Association Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $78k (7.4% of expenses). Other salaries and wages came to $680k. At year end it held assets of $382k against liabilities of $23k, net assets of $360k. It reported 23 employees.