Childrens Rainbow a Cooperative Preschool

Analysis

Childrens Rainbow a Cooperative Preschool is a registered charity in United States, based in Warren, OH. It received its IRS tax-exemption ruling in January 1983, 43 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 2023, Childrens Rainbow a Cooperative Preschool reported income of $379k and spending of $331k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $206k to $379k (+83%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Rainbow a Cooperative Preschool sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Hand to the Plow Ministries Inc ($379k), Resident Advisory Board of Philadelphia ($379k) and Saline County Humane Society ($379k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 72% of the total. Other salaries and wages came to $263k. At year end it held assets of $412k against liabilities of $219k, net assets of $193k. It reported 16 employees.