Panda Bear Preschool

Analysis

Panda Bear Preschool is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 2009, 17 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 December 2023, Panda Bear Preschool reported income of $640k and spending of $649k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $596k to $640k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Panda Bear Preschool sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Little Dolphin Inc ($639k), Ariel Education Intiative ($640k) and Bertie K Kellogg Trust ($639k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $78k (12% of expenses). Other salaries and wages came to $371k. At year end it held assets of $286k against liabilities of -$10k, net assets of $296k. It reported 13 employees.