Chester Co-Operative Preschool

Analysis

Chester Co-Operative Preschool is a registered charity in United States, based in Chesterland, OH. It received its IRS tax-exemption ruling in May 1976, 50 years ago. 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, Chester Co-Operative Preschool reported income of $129k and spending of $114k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $86k to $129k (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 70%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chester Co-Operative Preschool sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Wesley Foundation at U of M ($129k), Maryland Baptist Church ($129k) and Tri-County Central Office Inc ($129k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 49% of the total. Other salaries and wages came to $61k. At year end it held assets of $271k against liabilities of $0, net assets of $271k. It reported 2 employees.