Chai Preschool Inc

Analysis

Chai Preschool Inc is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in June 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, Chai Preschool Inc reported income of $2.0m and spending of $1.9m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.9m to $2.0m (-31%), an average of -7.2% a year. The sharpest change came in the year to June 2020, when income dropped by 69%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chai Preschool Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Ozer Olam Inc ($2.0m), International Municipal Signal Association Inc ($2.0m) and Miami Valley Academies ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $70k (3.6% of expenses). Other salaries and wages came to $939k. At year end it held assets of $1.9m against liabilities of $8,892, net assets of $1.9m. It reported 28 employees.