First United Methodist Churchpreschool

Analysis

First United Methodist Churchpreschool is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in February 2009, 17 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, First United Methodist Churchpreschool reported income of $450k and spending of $491k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $358k to $450k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, First United Methodist Churchpreschool sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within HI. Charities of a similar size with the same main cause include Top Stone Christian School Inc ($450k), The Charlemagne Institute ($450k) and Gainesville Preparatory School Inc ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $277k. At year end it held assets of $561k against liabilities of $56k, net assets of $505k. It reported 9 employees.