Millbrae Nursery School

Analysis

Millbrae Nursery School is a registered charity in United States, based in Millbrae, CA. It received its IRS tax-exemption ruling in May 1952, 74 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, Millbrae Nursery School reported income of $754k and spending of $562k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $468k to $754k (+61%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Millbrae Nursery School sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Crawford County Senior Citizens Inc ($754k), Maryland Music Educators Assoc Inc ($754k) and Maryland States Attorneys Association Incorporated ($754k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $55k (9.8% of expenses). Other salaries and wages came to $340k. At year end it held assets of $389k against liabilities of $74k, net assets of $315k. It reported 14 employees.