Grass Lake Cooperative Preschool Inc

Analysis

Grass Lake Cooperative Preschool Inc is a registered charity in United States, based in Grass Lake, MI. It received its IRS tax-exemption ruling in November 1976, 50 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 June 2024, Grass Lake Cooperative Preschool Inc reported income of $68k and spending of $61k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $52k to $68k (+31%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grass Lake Cooperative Preschool Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Ramsey County Sheriffs Foundation ($68k), Chesapeake K9 Fund ($68k) and PTA Delaware Congress ($68k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 89% of the total. At year end it held assets of $50k against liabilities of $1,050, net assets of $49k.