Love and Learn Preschools Inc

Analysis

Love and Learn Preschools Inc is a registered charity in United States, based in Belleville, NJ. It received its IRS tax-exemption ruling in November 1996, 30 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 December 2023, Love and Learn Preschools Inc reported income of $352k and spending of $295k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $286k to $352k (+23%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Love and Learn Preschools Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Meadows Place Preschool ($352k), Abundant Life Christian Learning Center ($352k) and Vanguard Gifted Academy ($352k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $37k (12% of expenses). Other salaries and wages came to $70k. At year end it held assets of $112k against liabilities of $0, net assets of $112k. It reported 5 employees.