Ames Community Pre School Center

Analysis

Ames Community Pre School Center is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in February 1977, 49 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 June 2023, Ames Community Pre School Center reported income of $2.5m and spending of $2.6m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.5m (+49%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ames Community Pre School Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Keren Simchas Chosson Ve Kallah Inc ($2.5m), Columbia Opportunities Inc ($2.5m) and Grand Rapids Nehemiah Project ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $3.3m against liabilities of $779k, net assets of $2.5m. It reported 115 employees.