Lakeview Preschool Inc

Analysis

Lakeview Preschool Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 2013, 13 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 June 2024, Lakeview Preschool Inc reported income of $618k and spending of $518k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $465k to $618k (+33%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeview Preschool 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 74th percentile within OH. Charities of a similar size with the same main cause include Grace Community School ($618k), Casita Montessori de Mayaguez Inc ($618k) and Osu Lew Wentz Foundation ($618k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.5% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $93k (18% of expenses). Other salaries and wages came to $260k. At year end it held assets of $496k against liabilities of $0, net assets of $496k. It reported 24 employees.