Lakeside Preschool

Analysis

Lakeside Preschool is a registered charity in United States, based in Essex, NY. It received its IRS tax-exemption ruling in January 2009, 17 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, Lakeside Preschool reported income of $508k and spending of $581k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $416k to $508k (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeside Preschool 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 66th percentile within NY. Charities of a similar size with the same main cause include Page High School PTO ($508k), Deutsche Sprachschule Bloomfield Inc ($508k) and Reframe Labs Inc ($508k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Other salaries and wages came to $337k. At year end it held assets of $418k against liabilities of $6,603, net assets of $412k. It reported 30 employees.