Spring Street Pre-School Inc

Analysis

Spring Street Pre-School Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in June 1974, 52 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 July 2023, Spring Street Pre-School Inc reported income of $257k and spending of $238k, spending 93% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $252k to $257k (+1.8%), an average of +1.8% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spring Street Pre-School Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($257k), Richards Library ($257k) and Ohio District Kiwanis Foundation Inc ($257k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $75k (32% of expenses). Other salaries and wages came to $93k. At year end it held assets of $141k against liabilities of $5,631, net assets of $135k. It reported 8 employees.