Maple City Christian Preschool

Analysis

Maple City Christian Preschool is a registered charity in United States, based in Norwalk, OH. It received its IRS tax-exemption ruling in October 1970, 56 years ago. 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, Maple City Christian Preschool reported income of $67k and spending of $84k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $67k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maple City Christian Preschool sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Cascade County Mountain Patrol Search and Rescue Inc ($67k), Loma Prieta Home & School Club ($67k) and Indiana Retired Teachers Association Foundation Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 92% of the total. At year end it held assets of $46k against liabilities of $2,090, net assets of $44k.