Russell Cooperative Preschool Incorporated

Analysis

Russell Cooperative Preschool Incorporated is a registered charity in United States, based in Watertown, MA. It received its IRS tax-exemption ruling in April 1976, 50 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 2023, Russell Cooperative Preschool Incorporated reported income of $199k and spending of $201k, spending 101% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $229k to $199k (-13%), an average of -13% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Russell Cooperative Preschool Incorporated sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Ann Arbor Pioneer Booster Club ($199k), Local 147 Training Fund ($199k) and Friends of the Sparta Free Library ($199k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 71% of the total. Other salaries and wages came to $121k. At year end it held assets of $388k against liabilities of $83k, net assets of $305k. It reported 4 employees.