Preschool Experience Inc

Analysis

Preschool Experience Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in January 1981, 45 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 August 2023, Preschool Experience Inc reported income of $581k and spending of $455k, leaving 22% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $368k to $581k (+58%), an average of +16% a year. The sharpest change came in the year to August 2022, when income rose by 21%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Preschool Experience Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include New Jersey Agricultural Society ($581k), Candlelighters of Brevard Inc ($581k) and Nokomis Witt Area Ambulance Service ($581k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $106k (23% of expenses). At year end it held assets of $524k against liabilities of $113k, net assets of $411k. It reported 11 employees.