Little Beans Preschool Corporation

Analysis

Little Beans Preschool Corporation is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in August 2010, 16 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 December 2023, Little Beans Preschool Corporation reported income of $614k and spending of $636k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $576k to $614k (+6.6%), an average of +1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Beans Preschool Corporation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include McMullen County Foundation for Educational Excellence ($614k), Beaufort County Community College Foundation ($615k) and Piercing Word Inc ($614k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $148k (23% of expenses). Other salaries and wages came to $236k. At year end it held assets of $18k against liabilities of $58k, net assets of -$40k. It reported 10 employees.