Candy Apple Pre School Center Inc

Analysis

Candy Apple Pre School Center Inc is a registered charity in United States, based in Newark, NY. It received its IRS tax-exemption ruling in January 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Candy Apple Pre School Center Inc reported income of $673k and spending of $674k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $469k to $673k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Candy Apple Pre School Center 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 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Home of Life Community Development Corporation ($673k), Oconto County Commission on Aging Inc ($674k) and Play for Peace ($673k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $45k (6.7% of expenses). Other salaries and wages came to $420k. At year end it held assets of $919k against liabilities of $672k, net assets of $247k. It reported 24 employees.