Northminster Preschool

Analysis

Northminster Preschool is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 2023, 3 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 April 2023, Northminster Preschool reported income of $210k and spending of $156k, leaving 26% of income unspent that year. Across the 4 years on record, from April 2020 to April 2023, income grew from $65k to $210k (+223%), an average of +48% a year. The sharpest change came in the year to April 2022, when income rose by 62%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northminster Preschool sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Pride of the Lake Band Booster ($210k), Weddington Middle School Athletic Booster Club Inc ($210k) and Shaun Ohara Foundation Inc ($210k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $17k (11% of expenses). Other salaries and wages came to $73k. At year end it held assets of $83k against liabilities of $11k, net assets of $73k. It reported 10 employees.