Lance Cooperative Pre-School Inc

Analysis

Lance Cooperative Pre-School Inc is a registered charity in United States, based in Cuyahoga FLS, OH. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lance Cooperative Pre-School Inc reported income of $325k and spending of $210k, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $195k to $325k (+67%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 87%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lance Cooperative Pre-School Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Elwood Area Foundation Inc ($325k), Alabama School of Alcohol and Other Drug Studies Association Inc ($325k) and Heichal Mordechai Inc ($325k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $77k (37% of expenses). Other salaries and wages came to $80k. At year end it held assets of $197k against liabilities of $0, net assets of $197k. It reported 9 employees.