Gig Harbor Cooperative Nursery School

Analysis

Gig Harbor Cooperative Nursery School is a registered charity in United States, based in Gig Harbor, WA. It received its IRS tax-exemption ruling in August 1965, 61 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 2023, Gig Harbor Cooperative Nursery School reported income of $69k and spending of $61k, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $59k to $69k (+17%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gig Harbor Cooperative Nursery School sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within WA. Charities of a similar size with the same main cause include Stephen Sexton Memorial Foundation ($69k), Assoc for Education & Rehbltatn of the Blind & Visually Impaired ($69k) and Christian Mission Services ($69k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 73% of the total. At year end it held assets of $92k against liabilities of $1,091, net assets of $91k.