Wayland Creative Preschool Inc

Analysis

Wayland Creative Preschool Inc is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in June 1983, 43 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, Wayland Creative Preschool Inc reported income of $607k and spending of $564k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $357k to $607k (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wayland Creative Preschool Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Ballet Fantastique ($607k), Acton Academy Albuquerque ($607k) and Tenant Education Network ($607k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $96k (17% of expenses). Other salaries and wages came to $280k. At year end it held assets of $319k against liabilities of $34k, net assets of $284k. It reported 19 employees.