Paradise Hills Community Preschool

Analysis

Paradise Hills Community Preschool is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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 May 2024, Paradise Hills Community Preschool reported income of $175k and spending of $169k, spending 97% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $180k to $175k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to May 2022, when income rose by 94%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paradise Hills Community Preschool sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NM. Charities of a similar size with the same main cause include Juan Carlos Ortiz Ministries ($175k), Kirkwood Theatre Guild ($175k) and Little League Baseball Inc ($175k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 14% and program service revenue 79% of the total. Other salaries and wages came to $113k. At year end it held assets of $196k against liabilities of $1,082, net assets of $194k. It reported 8 employees.