Cedar Valley Preschool and Child Care Center

Analysis

Cedar Valley Preschool and Child Care Center is a registered charity in United States, based in Cedar Falls, IA. It received its IRS tax-exemption ruling in April 1977, 49 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 December 2023, Cedar Valley Preschool and Child Care Center reported income of $515k and spending of $568k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $515k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedar Valley Preschool and Child Care Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within IA. Charities of a similar size with the same main cause include Assistance League Coachella Valley ($515k), Social Security Works Education Fund ($515k) and Marion Adolescent Pregnancy Program Inc ($515k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $61k (11% of expenses). Other salaries and wages came to $344k. At year end it held assets of $223k against liabilities of $1,655, net assets of $221k. It reported 35 employees.