Hancock Nursery School Inc

Analysis

Hancock Nursery School Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Hancock Nursery School Inc reported income of $560k and spending of $518k, spending 92% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $434k to $560k (+29%), an average of +5.2% a year. The sharpest change came in the year to August 2022, when income rose by 46%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hancock Nursery School Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Arm 4 Arm Foundation ($560k), Ryan Bartel Foundation Inc ($560k) and Wellesley Students Aid Society Inc ($560k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $53k (10% of expenses). Other salaries and wages came to $291k. At year end it held assets of $651k against liabilities of $186k, net assets of $465k. It reported 14 employees.