Saugatuck Nursery School Inc

Analysis

Saugatuck Nursery School Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in May 2006, 20 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, Saugatuck Nursery School Inc reported income of $579k and spending of $510k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $434k to $579k (+33%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saugatuck Nursery School Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include McLean County Unit Dist 5 Music Parents Association ($579k), Edina Education Fund ($579k) and Montessori Center for Children Inc ($579k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $82k (16% of expenses). Other salaries and wages came to $237k. At year end it held assets of $487k against liabilities of $121k, net assets of $366k. It reported 11 employees.