Community Preschool Inc

Analysis

Community Preschool Inc is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Community Preschool Inc reported income of $63k and spending of $59k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $63k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Preschool Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include Fisler Foundation for the Advancement of Science and Technol ($63k), Bear Backers ($63k) and Shasta High School Choir Boosters Club ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 89% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.