Christ the King Christian Preschool

Analysis

Christ the King Christian Preschool is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Christ the King Christian Preschool reported income of $103k and spending of $65k, leaving 37% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $61k to $103k (+69%), an average of +69% a year. The sharpest change came in the year to July 2024, when income rose by 69%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christ the King Christian Preschool sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within IA. Charities of a similar size with the same main cause include Traprock Ridge Land Conservancy Inc ($103k), Tanda Lodge Inc ($103k) and Lakewood Legacy Foundation ($103k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 27% and program service revenue 69% of the total. At year end it held assets of $151k against liabilities of $894, net assets of $150k.