Garden Preschool Cooperative Inc

Analysis

Garden Preschool Cooperative Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Garden Preschool Cooperative Inc reported income of $406k and spending of $331k, spending 81% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $261k to $406k (+56%), an average of +12% a year. The sharpest change came in the year to August 2023, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Garden Preschool Cooperative Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Kingdom Partners ($406k), Urban Community Network ($406k) and Brattleboro Senior Meals Inc ($406k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $205k. At year end it held assets of $194k against liabilities of $38k, net assets of $156k. It reported 10 employees.