Parks Edge Preschool Inc

Analysis

Parks Edge Preschool Inc is a registered charity in United States, based in Hales Corners, WI. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, Parks Edge Preschool Inc reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parks Edge Preschool Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Turlock Gospel Mission ($1.5m), YMCA of Jefferson County ($1.5m) and Encourage Kids Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $101k (6.5% of expenses). Other salaries and wages came to $905k. At year end it held assets of $565k against liabilities of $1,690, net assets of $563k. It reported 44 employees.