Bethune Nursery School Inc

Analysis

Bethune Nursery School Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in June 1971, 55 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 December 2023, Bethune Nursery School Inc reported income of $806k and spending of $503k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $806k (+116%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethune Nursery School Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Church of God 7th Day Street ($806k), Herald of Truth Ministries Inc ($806k) and David Adler Cultural Center ($806k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $374k. At year end it held assets of $1.1m against liabilities of $3,429, net assets of $1.1m. It reported 21 employees.