Shining Star Preschool

Analysis

Shining Star Preschool is a registered charity in United States, based in Westlake, OH. It received its IRS tax-exemption ruling in February 1966, 60 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 December 2023, Shining Star Preschool reported income of $100k and spending of $120k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $100k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shining Star Preschool sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Wendell Family Fund ($100k), Roanoke County Public Schools Education Foundation Inc ($100k) and Mountain Pointe High School Football Booster Club Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. At year end it held assets of $63k against liabilities of $8,156, net assets of $54k.