First Congregational Preschool Inc

Analysis

First Congregational Preschool Inc is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, First Congregational Preschool Inc reported income of $498k and spending of $501k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $398k to $498k (+25%), an average of +5.7% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Congregational Preschool Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CT. Charities of a similar size with the same main cause include Grand Prairie Job Center Dr Jim Bisbee Memorial ($498k), Warrior Wellness Program Inc ($498k) and Caring Counseling Ministries ($498k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $163k (33% of expenses). Other salaries and wages came to $187k. At year end it held assets of $206k against liabilities of $3,277, net assets of $203k. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.