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Indianola Preschool Inc

RegisteredEIN 42-0792757Indianola, IAEducation and training
Income$389k2024-06
Spending$335ksame year
Spent / received90%5-year average
Size in its cause65th pctEducation and training
Exempt since1989School
Employees22latest return

Analysis

Indianola Preschool Inc is a registered charity in United States, based in Indianola, IA. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Indianola Preschool Inc reported income of $389k and spending of $335k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $224k to $389k (+74%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 42%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indianola Preschool Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within IA. Charities of a similar size with the same main cause include Excellent Covenant Christian Academy Inc ($389k), Sunshine Alternative Education Center ($389k) and Durango Montessori Inc ($389k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 84% of the total. Other salaries and wages came to $230k. At year end it held assets of $194k against liabilities of $0, net assets of $194k. It reported 22 employees.

Income and spending

$0$97k$194k$292k$389k2019 Income: $223,7412019 Spending: $196,35920192021 Income: $219,5522021 Spending: $195,89020212022 Income: $247,2052022 Spending: $237,31920222023 Income: $274,1592023 Spending: $249,18720232024 Income: $388,7642024 Spending: $335,2762024
IncomeSpending

Where the income comes from

  • Contributions & grants 11%
  • Program services 84%
  • Other 4.4%

Similar-sized charities, same cause

CharityLocationIncome
Excellent Covenant Christian Academy IncKilleen$389k
Sunshine Alternative Education CenterPort Jeff Sta$389k
Durango Montessori IncDurango$389k
Rhinelander Area Scholarship Foundation IncMenasha$389k