Childrens Preschool Inc

Analysis

Childrens Preschool Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in November 1971, 55 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 June 2023, Childrens Preschool Inc reported income of $520k and spending of $470k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $422k to $520k (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Preschool Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CT. Charities of a similar size with the same main cause include Feed and Clothe My People of Door County Inc ($520k), Rachel Kohl Community Library ($520k) and Alverna Apartments ($520k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $123k (26% of expenses). Other salaries and wages came to $217k. At year end it held assets of $815k against liabilities of $13k, net assets of $802k. It reported 14 employees.