Canyon Creek Preschool Inc

Analysis

Canyon Creek Preschool Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 2005, 21 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 July 2024, Canyon Creek Preschool Inc reported income of $498k and spending of $588k, spending 118% of what it took in. Across the 2 years on record, from July 2020 to July 2024, income grew from $484k to $498k (+2.9%), an average of +2.9% a year. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Canyon Creek Preschool Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Early Education Cooperative Preschool ($498k), Kitty Bungalow ($498k) and Bullitt East Athletic Booster Club ($498k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $40k (6.8% of expenses). Other salaries and wages came to $402k. At year end it held assets of $477k against liabilities of $0, net assets of $477k. It reported 44 employees.