Lake Anne Nursery Kindergarten Inc

Analysis

Lake Anne Nursery Kindergarten Inc is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in October 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lake Anne Nursery Kindergarten Inc reported income of $954k and spending of $807k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $778k to $954k (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 146%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Anne Nursery Kindergarten 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 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include Faith Christian School Inc ($954k), Wilson University Inc ($954k) and Torah High Schools of San Diego ($953k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $165k (20% of expenses). Other salaries and wages came to $383k. At year end it held assets of $2.6m against liabilities of $149k, net assets of $2.5m. It reported 24 employees.