The Nest School

Analysis

The Nest School is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, The Nest School reported income of $929k and spending of $804k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $744k to $929k (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Nest School sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Power and Grace Preparatory Academy Inc ($928k), Middlesex College Foundation Inc ($929k) and Utah Association of Public Charter Schools ($928k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $298k (37% of expenses). Other salaries and wages came to $84k. At year end it held assets of $1.4m against liabilities of $348k, net assets of $1.1m. It reported 3 employees.