Cottage Nursery School

Analysis

Cottage Nursery School is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in March 1974, 52 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 July 2023, Cottage Nursery School reported income of $525k and spending of $406k, leaving 23% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $343k to $525k (+53%), an average of +11% a year. The sharpest change came in the year to July 2022, when income rose by 95%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cottage Nursery School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Orot ($525k), California Black Chamber of Commerce Foundation Inc ($525k) and Childrens Day Montessori Inc ($525k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $70k (17% of expenses). Other salaries and wages came to $152k. At year end it held assets of $543k against liabilities of $48k, net assets of $495k. It reported 16 employees.