Farmstead Preschool Inc

Analysis

Farmstead Preschool Inc is a registered charity in United States, based in Cedar Falls, IA. It received its IRS tax-exemption ruling in October 1997, 29 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 April 2024, Farmstead Preschool Inc reported income of $209k and spending of $194k, spending 93% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $162k to $209k (+29%), an average of +29% a year. The sharpest change came in the year to April 2024, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Farmstead Preschool Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IA. Charities of a similar size with the same main cause include Krimson Community Foundation ($209k), Hawaii Association for the Education of Young Children ($209k) and Golden Bear Foundation ($208k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 21% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $126k (65% of expenses). Other salaries and wages came to $17k. At year end it held assets of $184k against liabilities of $10k, net assets of $174k. It reported 10 employees.