Congregation Bnai Emet Preschool

Analysis

Congregation Bnai Emet Preschool is a registered charity in United States, based in Simi Valley, CA. It received its IRS tax-exemption ruling in March 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Congregation Bnai Emet Preschool reported income of $296k and spending of $248k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $296k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Congregation Bnai Emet Preschool sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Ralph E Noddin Home and School Club ($296k), South City Open Studio & Gallery for Children Inc ($296k) and Friends of Ave Maria School of Law ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $58k (23% of expenses). Other salaries and wages came to $116k. At year end it held assets of $155k against liabilities of $50k, net assets of $105k.