Mission Hills Community Preschool

Analysis

Mission Hills Community Preschool is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 2021, 5 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 June 2024, Mission Hills Community Preschool reported income of $336k and spending of $371k, spending 110% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $276k to $336k (+22%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mission Hills Community Preschool sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Cytometry Educational Association Inc ($336k), Institute of Classical Architecture and Art Inc ($337k) and Blackberry Farm Foundation ($336k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. Other salaries and wages came to $236k. At year end it held assets of $184k against liabilities of $49k, net assets of $136k. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.