Central Preschool

Analysis

Central Preschool is a registered charity in United States, based in Charles City, IA. It received its IRS tax-exemption ruling in February 1951, 75 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 June 2024, Central Preschool reported income of $148k and spending of $136k, spending 92% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $87k to $148k (+71%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 83%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Preschool sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IA. Charities of a similar size with the same main cause include St Peter Fire Relief Association ($148k), United Fund of Shelby Inc ($148k) and Cambria Township Volunteer Fire Company ($148k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.