Preshco Inc

Analysis

Preshco Inc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in September 2024, 2 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 June 2023, Preshco Inc reported income of $612k and spending of $808k, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $732k to $612k (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2022, when income rose by 145%. Over the whole period it spent 131% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Preshco Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Southern Ohio Pga Golf Foundation ($611k), Entrepreneurs Academy ($612k) and Scurry County Junior Livestock Association ($611k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 107% of the total. Other salaries and wages came to $263k. At year end it held assets of $694k against liabilities of $482k, net assets of $212k.