Teach O Rea Preparatory Preschool

Analysis

Teach O Rea Preparatory Preschool is a registered charity in United States, based in Stone MTN, GA. It received its IRS tax-exemption ruling in February 2008, 18 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, Teach O Rea Preparatory Preschool reported income of $867k and spending of $747k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $690k to $867k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teach O Rea Preparatory Preschool sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Friends of Marquez ($867k), Foundation for Progess and Education Inc ($867k) and Thompson R2-J Education Foundation ($867k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $356k. At year end it held assets of $802k against liabilities of $0, net assets of $802k. It reported 19 employees.