Miraloma Nursery School

Analysis

Miraloma Nursery School is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 1974, 52 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Miraloma Nursery School reported income of $250k and spending of $312k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $321k to $250k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. 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, Miraloma Nursery School sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Reading Education Foundation ($250k), Pottawattamie Conservation Foundation ($250k) and Federation of Womens Clubs Inc Marion County ($250k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 70% of the total. Other salaries and wages came to $245k. At year end it held assets of $475k against liabilities of $23k, net assets of $453k. It reported 4 employees.