Starksboro Cooperative Preschool Inc

Analysis

Starksboro Cooperative Preschool Inc is a registered charity in United States, based in Starksboro, VT. It received its IRS tax-exemption ruling in May 1976, 50 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, Starksboro Cooperative Preschool Inc reported income of $275k and spending of $246k, spending 89% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $295k to $275k (-6.8%), an average of -6.8% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Starksboro Cooperative Preschool Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 52nd percentile within VT. Charities of a similar size with the same main cause include Patriot Hunts Inc ($275k), Epilepsy Association of the Big Bend Inc ($275k) and Believers International Inc ($275k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $70k (28% of expenses). Other salaries and wages came to $117k. At year end it held assets of $159k against liabilities of $6,701, net assets of $152k. It reported 9 employees.