Fremont Street Nursery Incorporated

Analysis

Fremont Street Nursery Incorporated is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in January 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fremont Street Nursery Incorporated reported income of $1.3m and spending of $719k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $555k to $1.3m (+135%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 84%. 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, Fremont Street Nursery Incorporated 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 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Christian Academy of Winter Haven Inc ($1.3m), Florida Futures Academy Charter Schools Inc ($1.3m) and His University ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $77k (11% of expenses). Other salaries and wages came to $409k. At year end it held assets of $1.5m against liabilities of $41k, net assets of $1.5m. It reported 18 employees.