Wellfleet Preschool Playgroup Inc

Analysis

Wellfleet Preschool Playgroup Inc is a registered charity in United States, based in Wellfleet, MA. It received its IRS tax-exemption ruling in June 1980, 46 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, Wellfleet Preschool Playgroup Inc reported income of $136k and spending of $167k, spending 123% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $185k to $136k (-26%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. 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, Wellfleet Preschool Playgroup Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Prairie View Junior High PTO ($136k), Centralia Athletics & Activities Facilities Foundation ($136k) and Prescott Parents ($136k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.