Little Lamb Preschool

Analysis

Little Lamb Preschool is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in July 2026. 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 2021, Little Lamb Preschool reported income of $2.8m and spending of $3.4m, spending 118% of what it took in. Across the 3 years on record, from June 2019 to June 2021, income fell from $4.0m to $2.8m (-29%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 25%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Lamb Preschool sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Cambria County Child Development Corporation ($2.8m), Wilmington School of the Arts ($2.8m) and Blue Lake Pre School Inc ($2.8m).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $190k (5.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $901k against liabilities of $2.9m, net assets of -$2.0m. It reported 75 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.