Adrian Community Preschool

Analysis

Adrian Community Preschool is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Adrian Community Preschool reported income of $232k and spending of $115k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $129k to $232k (+80%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adrian Community Preschool sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Informed Horizons Education Inc ($232k), Jack Kent Oral and Maxillofacialsurgery Foundation ($232k) and First Louisiana-Mississippi Inc ($232k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $75k. At year end it held assets of $386k against liabilities of $200, net assets of $385k. It reported 5 employees.