Creative Learning Preschool Inc

Analysis

Creative Learning Preschool Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in July 1979, 47 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 August 2023, Creative Learning Preschool Inc reported income of $2.7m and spending of $2.3m, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.2m to $2.7m (+21%), an average of +4.8% a year. The sharpest change came in the year to August 2021, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Creative Learning Preschool Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include CBM Ministries ($2.7m), Central Lakes College Foundation ($2.7m) and George Daly Housing Development Fund Company Inc ($2.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $68k (3.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.8m against liabilities of $1.9m, net assets of $1.8m. It reported 82 employees.