Derry Preschool Inc

Analysis

Derry Preschool Inc is a registered charity in United States, based in Hershey, PA. 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 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 June 2023, Derry Preschool Inc reported income of $381k and spending of $341k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $306k to $381k (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Derry Preschool Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Springfield Education Foundation ($381k), Entrepreneurs Organization ($382k) and African American Wellness Project ($381k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $54k (16% of expenses). Other salaries and wages came to $172k. At year end it held assets of $142k against liabilities of $0, net assets of $142k. It reported 16 employees.