Spring Ahead Pre-School Ltd Methodist Church

Analysis

Spring Ahead Pre-School Ltd Methodist Church is a registered charity in United States, based in Lime Springs, IA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Spring Ahead Pre-School Ltd Methodist Church reported income of $166k and spending of $235k, spending 141% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $246k to $166k (-32%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Ahead Pre-School Ltd Methodist Church sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within IA. Charities of a similar size with the same main cause include Institute for Meditation & Psychotherapy ($166k), Guardian Angel Family Crisis Center ($166k) and Geneva Music Boosters Inc ($166k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $48k (21% of expenses). Other salaries and wages came to $112k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 19 employees.