Puerta Abierta Preschool

Analysis

Puerta Abierta Preschool is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in July 2022, 4 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, Puerta Abierta Preschool reported income of $618k and spending of $706k, spending 114% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $467k to $618k (+32%), an average of +9.8% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Puerta Abierta Preschool sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include 21 Progress Fund ($618k), Glenview Methodist Pre School Inc ($618k) and Brighter Vision Foundation ($618k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $66k (9.4% of expenses). Other salaries and wages came to $324k. At year end it held assets of $103k against liabilities of $19k, net assets of $84k. It reported 20 employees.