Belvedere Nursery School Inc

Analysis

Belvedere Nursery School Inc is a registered charity in United States, based in Belvedere, CA. It received its IRS tax-exemption ruling in October 1964, 62 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 August 2023, Belvedere Nursery School Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.2m to $1.1m (-8.7%), an average of -2.2% a year. The sharpest change came in the year to August 2022, when income rose by 42%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Belvedere Nursery School Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Black Teacher Collaborative Incorporated ($1.1m), Anchor Academy Inc ($1.1m) and Cardinal Academy Incorporated ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $97k (8.7% of expenses). Other salaries and wages came to $692k. At year end it held assets of $1.2m against liabilities of $190k, net assets of $1.0m. It reported 30 employees.