Parkside Pre-School Center Ltd

Analysis

Parkside Pre-School Center Ltd is a registered charity in United States, based in Merrill, WI. It received its IRS tax-exemption ruling in October 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2024, Parkside Pre-School Center Ltd reported income of $737k and spending of $750k, spending 102% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $586k to $737k (+26%), an average of +5.9% a year. The sharpest change came in the year to August 2023, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parkside Pre-School Center Ltd 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 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include Hub Urban Ministries ($737k), Marked for Love ($737k) and Hannahs Home ($737k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Other salaries and wages came to $583k. At year end it held assets of $189k against liabilities of $39k, net assets of $150k. It reported 24 employees.