Nisse Preschool & Kids Place

Analysis

Nisse Preschool & Kids Place is a registered charity in United States, based in Decorah, IA. It received its IRS tax-exemption ruling in November 1969, 57 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 May 2023, Nisse Preschool & Kids Place reported income of $112k and spending of $153k, spending 137% of what it took in. Across the 2 years on record, from May 2022 to May 2023, income fell from $162k to $112k (-31%), an average of -31% a year. The sharpest change came in the year to May 2023, when income dropped by 31%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nisse Preschool & Kids Place sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within IA. Charities of a similar size with the same main cause include Cornerstone Senior Communities ($112k), The Catholic Schools of Broome County Foundation ($112k) and Orange Audubon Society Inc ($112k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 6.7% and program service revenue 84% of the total. At year end it held assets of $74k against liabilities of $7,952, net assets of $66k.