West Philadelphia Cooperativepreschool

Analysis

West Philadelphia Cooperativepreschool is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, West Philadelphia Cooperativepreschool reported income of $247k and spending of $215k, spending 87% of its income. Across the 5 years on record, from December 2019 to August 2023, income grew from $183k to $247k (+35%), an average of +7.8% a year. The sharpest change came in the year to August 2021, when income rose by 105%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, West Philadelphia Cooperativepreschool sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Lubbock Family Guidance Center Inc ($247k), Aishal Avraham of Las Vegas ($247k) and Durham P R O U D Program ($247k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $50k (23% of expenses). Other salaries and wages came to $102k. At year end it held assets of $136k against liabilities of $0, net assets of $136k. It reported 14 employees.