BBS Preschool and Child Care

Analysis

BBS Preschool and Child Care is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in May 2011, 15 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 June 2024, BBS Preschool and Child Care reported income of $127k and spending of $185k, spending 146% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $198k to $127k (-36%), an average of -36% a year. The sharpest change came in the year to June 2024, when income dropped by 36%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, BBS Preschool and Child Care sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within IA. Charities of a similar size with the same main cause include Forai Inc ($127k), Better Love Yourself Foundation ($127k) and Hurley Education Foundation Inc ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.