Creative Preschool Inc
Analysis
Creative Preschool Inc is a registered charity in United States, based in S Strafford, VT. It received its IRS tax-exemption ruling in June 1984, 42 years ago. 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, Creative Preschool Inc reported income of $257k and spending of $277k, spending 108% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $208k to $257k (+23%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 99% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Creative Preschool Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 50th percentile within VT. Charities of a similar size with the same main cause include Little League Baseball Inc ($257k), Volunteers of America Inc ($257k) and Board Development Systems ($257k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $60k (22% of expenses). Other salaries and wages came to $133k. At year end it held assets of $126k against liabilities of $5,696, net assets of $120k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 74%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Little League Baseball Inc | Huntingtn BCH | $257k |
| Volunteers of America Inc | Alexandria | $257k |
| Board Development Systems | Fort Worth | $257k |
| Fishing for Freedom Quincy | Quincy | $257k |