First Lutheran Preschool Inc

Analysis

First Lutheran Preschool Inc is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in July 1941, 85 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Lutheran Preschool Inc reported income of $274k and spending of $299k, spending 109% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $174k to $274k (+57%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, First Lutheran Preschool Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Annies Project-Education for Farm Women ($274k), Clinton Community Literary Association Inc ($274k) and Laramie Christian Academy ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $249k. At year end it held assets of $29k against liabilities of $0, net assets of $29k. It reported 10 employees.