Building Blocks Developmental Preschool Inc

Analysis

Building Blocks Developmental Preschool Inc is a registered charity in United States, based in Commack, NY. It received its IRS tax-exemption ruling in May 1986, 40 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, Building Blocks Developmental Preschool Inc reported income of $10.0m and spending of $9.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.9m to $10.0m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Building Blocks Developmental Preschool Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Harlem Link Charter School ($10.0m), University of Virginia Licensing & Ventures Group ($10.0m) and Health Sciences High School and Middle College ($9.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $323k (3.3% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $4.3m against liabilities of $2.1m, net assets of $2.2m. It reported 200 employees.