Big Barn Preschool

Analysis

Big Barn Preschool is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in May 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 December 2023, Big Barn Preschool reported income of $265k and spending of $272k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $260k to $265k (+1.8%), an average of +0.9% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Big Barn Preschool sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Penn-Trafford Band Parents Association ($265k), Puerto Rico Alliance for Companion Animals Inc ($265k) and The Legacy Institute ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $70k (26% of expenses). Other salaries and wages came to $89k. At year end it held assets of $67k against liabilities of $37k, net assets of $30k. It reported 4 employees.