Carlmont Parents Nursery School

Analysis

Carlmont Parents Nursery School is a registered charity in United States, based in Belmont, CA. It received its IRS tax-exemption ruling in December 1962, 64 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 May 2023, Carlmont Parents Nursery School reported income of $300k and spending of $248k, spending 83% of its income. Across the 3 years on record, from May 2021 to May 2023, income grew from $254k to $300k (+18%), an average of +8.7% a year. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carlmont Parents Nursery School sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include South Carolina Women in Leadership ($300k), H a Scott Riverside Apartments Inc ($300k) and Dartmouth School Music Association Inc ($300k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 7.8% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $68k (27% of expenses). Other salaries and wages came to $79k. At year end it held assets of $279k against liabilities of $2,509, net assets of $276k. It reported 3 employees.