University Houses Preschool Inc
Analysis
University Houses Preschool Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in January 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, University Houses Preschool Inc reported income of $152k and spending of $154k, spending 101% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $230k to $152k (-34%), an average of -34% a year. The sharpest change came in the year to June 2024, when income dropped by 34%. Over the whole period it spent 78% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University Houses Preschool Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Little League Baseball Inc ($152k), Amwell Valley Ambulance Corps ($152k) and The Bike Connector Inc ($152k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 73% of the total. Other salaries and wages came to $93k. At year end it held assets of $481k against liabilities of $1,363, net assets of $480k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 73%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Little League Baseball Inc | Las Vegas | $152k |
| Amwell Valley Ambulance Corps | Ringoes | $152k |
| The Bike Connector Inc | Lowell | $152k |
| Little League Baseball Inc | Lewiston | $152k |