Welbourne Ave Nursery & Kindergarten Inc

Analysis

Welbourne Ave Nursery & Kindergarten Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in September 1976, 50 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, Welbourne Ave Nursery & Kindergarten Inc reported income of $1.0m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $680k to $1.0m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Welbourne Ave Nursery & Kindergarten Inc 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 79th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Coalition of Limited English Speaking Elderly ($1.0m), Centre County Library & Historical Museum ($1.0m) and Blue Valley Industries ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 62% of the total. Other salaries and wages came to $772k. At year end it held assets of $777k against liabilities of $75k, net assets of $703k. It reported 42 employees.