New Horizons Nursery School Inc

Analysis

New Horizons Nursery School Inc is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in April 1985, 41 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, New Horizons Nursery School Inc reported income of $451k and spending of $472k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $434k to $451k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Horizons Nursery School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Morris W Stroud 3rd TR Uw Pennswood No 1 ($451k), Alco Halfway House Inc ($451k) and Newton Child Development Center ($451k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Other salaries and wages came to $367k. At year end it held assets of $130k against liabilities of $90k, net assets of $39k. It reported 9 employees.