Raleigh Nursery School Inc

Analysis

Raleigh Nursery School Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in March 2007, 19 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 June 2023, Raleigh Nursery School Inc reported income of $799k and spending of $753k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $832k to $799k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 1201%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Raleigh Nursery School Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Thrive Academy Atlanta Inc ($799k), Branches Academy and Early Learning Center Inc ($799k) and Urban Affairs Association ($799k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $87k (11% of expenses). Other salaries and wages came to $379k. At year end it held assets of $268k against liabilities of $405k, net assets of -$137k. It reported 17 employees.