Canterbury Community Nursery School

Analysis

Canterbury Community Nursery School is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in April 1981, 45 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, Canterbury Community Nursery School reported income of $1.4m and spending of $1.3m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $715k to $1.4m (+101%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Canterbury Community Nursery School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Northwest Center Against Sexual Assault ($1.4m), Neopolitan Lighthouse ($1.4m) and Lumberton Emergency Squad Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.2% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $115k (9.1% of expenses). Other salaries and wages came to $750k. At year end it held assets of $1.1m against liabilities of $5,435, net assets of $1.1m. It reported 56 employees.