Kindergarten Prep Inc

Analysis

Kindergarten Prep Inc is a registered charity in United States, based in North Port, FL. It received its IRS tax-exemption ruling in August 2009, 17 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 July 2024, Kindergarten Prep Inc reported income of $1.0m and spending of $709k, leaving 32% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $565k to $1.0m (+84%), an average of +16% a year. The sharpest change came in the year to July 2021, when income rose by 32%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kindergarten Prep Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Community Center of Shawnee ($1.0m), First Senior Center of Georgia Inc ($1.0m) and In My Shoes Inc ($1.0m).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 71% of the total. Compensation of current officers, directors and key employees was $52k (7.3% of expenses). At year end it held assets of $1.0m against liabilities of $141k, net assets of $897k. It reported 17 employees.