Abiding Branches Cooperative Preschool

Analysis

Abiding Branches Cooperative Preschool is a registered charity in United States, based in Circle Pines, MN. It received its IRS tax-exemption ruling in May 1981, 45 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 July 2023, Abiding Branches Cooperative Preschool reported income of $159k and spending of $189k, spending 119% of what it took in. Across the 3 years on record, from July 2021 to July 2023, income fell from $285k to $159k (-44%), an average of -25% a year. The sharpest change came in the year to July 2022, when income dropped by 34%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Abiding Branches Cooperative Preschool sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Cambridge Commercial Club ($159k), Fairview First Aid Squad ($159k) and Trucare Pregnancy Clinic ($159k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $53k (28% of expenses). Other salaries and wages came to $75k. At year end it held assets of $129k against liabilities of $0, net assets of $129k. It reported 8 employees.