Central Cooperative Kindergarten Inc

Analysis

Central Cooperative Kindergarten Inc is a registered charity in United States, based in Chelmsford, MA. It received its IRS tax-exemption ruling in April 1993, 33 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 2023, Central Cooperative Kindergarten Inc reported income of $587k and spending of $413k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $332k to $587k (+77%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 112%. 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, Central Cooperative Kindergarten Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Achievement Rewards for College Scientists Foundation Inc ($587k), Arise2read ($587k) and Heart of Mary School ($587k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $73k (18% of expenses). Other salaries and wages came to $210k. At year end it held assets of $534k against liabilities of $1,532, net assets of $532k. It reported 14 employees.