Scribbles Preschool Inc

Analysis

Scribbles Preschool Inc is a registered charity in United States, based in Mountain LKS, NJ. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Scribbles Preschool Inc reported income of $433k and spending of $416k, spending 96% of its income. Across the 3 years on record, from August 2020 to August 2023, income grew from $152k to $433k (+184%), an average of +69% a year. The sharpest change came in the year to August 2023, when income rose by 233%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scribbles Preschool Inc 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 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Jackson Heart Foundation ($432k), Kates Detective and Security Academy Inc ($433k) and Therapy Resource Group ($432k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $127k (30% of expenses). Other salaries and wages came to $117k. At year end it held assets of $127k against liabilities of $4,114, net assets of $123k. It reported 15 employees.