Warren W Cherry Preschool

Analysis

Warren W Cherry Preschool is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in May 1992, 34 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 May 2024, Warren W Cherry Preschool reported income of $1.3m and spending of $1.2m, spending 88% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $983k to $1.3m (+35%), an average of +6.1% a year. The sharpest change came in the year to May 2022, when income rose by 43%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Warren W Cherry Preschool sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Fellowship Housing Opportunities Inc ($1.3m), Brain Injury Alliance of Arizona ($1.3m) and Armenian Youth Federation Youth Organization of the Armenian Revol ($1.3m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $868k. At year end it held assets of $1.1m against liabilities of $606k, net assets of $477k. It reported 50 employees.