Crestwood Hills Nursery School

Analysis

Crestwood Hills Nursery School is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1952, 74 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, Crestwood Hills Nursery School reported income of $1.3m and spending of $1.4m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.5m to $1.3m (-12%), an average of -3.2% a year. The sharpest change came in the year to August 2020, when income dropped by 32%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crestwood Hills Nursery School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Hannah Grimes Center ($1.3m), Erik Karishoej Education Foundation ($1.3m) and Day School Foundation ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 87% of the total. Compensation of current officers, directors and key employees was $127k (9.2% of expenses). Other salaries and wages came to $720k. At year end it held assets of $1.0m against liabilities of $427k, net assets of $588k. It reported 21 employees.