South Walpole Community Preschool Inc

Analysis

South Walpole Community Preschool Inc is a registered charity in United States, based in South Walpole, MA. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, South Walpole Community Preschool Inc reported income of $410k and spending of $409k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $332k to $410k (+24%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Walpole Community Preschool Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Miss Rubys Kids ($410k), Austin Free-Net ($410k) and Aamva Region IV Inc ($410k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $65k (16% of expenses). Other salaries and wages came to $215k. At year end it held assets of $131k against liabilities of $576, net assets of $131k. It reported 13 employees.