Spuyten Duyvil Pre School Inc

Analysis

Spuyten Duyvil Pre School Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Spuyten Duyvil Pre School Inc reported income of $1.3m and spending of $960k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $714k to $1.3m (+78%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spuyten Duyvil Pre School Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Dress for Success Triangle NC ($1.3m), Sonshine World ($1.3m) and Ecumenical Housing Corporation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $87k (9.0% of expenses). Other salaries and wages came to $484k. At year end it held assets of $1.2m against liabilities of $430k, net assets of $776k. It reported 20 employees.