Saras Pre-School Inc

Analysis

Saras Pre-School Inc is a registered charity in United States, based in Glen Rock, NJ. It received its IRS tax-exemption ruling in January 1980, 46 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 2024, Saras Pre-School Inc reported income of $1.5m and spending of $1.6m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $737k to $1.5m (+100%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saras Pre-School Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Canyons School District Education Foundation ($1.5m), Antenna ($1.5m) and Cardeza T D & McD-Cardeza FDN ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $195k (12% of expenses). Other salaries and wages came to $870k. At year end it held assets of $911k against liabilities of $154k, net assets of $757k.