Stepping Stones Pre School

Analysis

Stepping Stones Pre School is a registered charity in United States, based in Proctorsville, VT. It received its IRS tax-exemption ruling in March 1979, 47 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 June 2024, Stepping Stones Pre School reported income of $251k and spending of $266k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $218k to $251k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stepping Stones Pre School 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 58th percentile, and in the 49th percentile within VT. Charities of a similar size with the same main cause include Harrisonville Classical Christian Academy ($251k), Midwest Principals Center Inc ($251k) and Athletics Booster Club of NPHS ($251k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $185k. At year end it held assets of $15k against liabilities of $0, net assets of $15k. It reported 8 employees.