Center Preschool Inc

Analysis

Center Preschool Inc is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in February 2007, 19 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 2024, Center Preschool Inc reported income of $184k and spending of $380k, spending 206% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $280k to $184k (-34%), an average of -9.9% a year. The sharpest change came in the year to June 2024, when income dropped by 55%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center Preschool Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Iapg Houston Inc ($184k), Leadership for Queens ($184k) and Clara Barton Elementary Ptsa ($184k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.8% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $255k (67% of expenses). Other salaries and wages came to $57k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 11 employees.