Poe Nursery School Inc

Analysis

Poe Nursery School Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1975, 51 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, Poe Nursery School Inc reported income of $150k and spending of $218k, spending 145% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $218k to $150k (-31%), an average of -7.2% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Poe Nursery School Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Jackson Hospital Foundation Inc ($150k), Charles R Kendall Scholarship and Education Fund ($150k) and Logistically Nonprofit Services Inc ($150k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.3% and program service revenue 84% of the total. Other salaries and wages came to $137k. At year end it held assets of $88k against liabilities of $28k, net assets of $60k. It reported 8 employees.