Sullivan Preschool

Analysis

Sullivan Preschool is a registered charity in United States, based in Sullivan, IL. It received its IRS tax-exemption ruling in April 1972, 54 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, Sullivan Preschool reported income of $583k and spending of $569k, spending 98% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $583k to $583k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to May 2023, when income rose by 32%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sullivan Preschool sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Unity Christian High School Educational Foundation ($583k), Church Army USA ($583k) and Iglesia de Dios Evangelio Sana Doctrina Inc ($582k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 30% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $53k (9.3% of expenses). Other salaries and wages came to $311k. At year end it held assets of $829k against liabilities of $80k, net assets of $749k. It reported 21 employees.