Precious People Preschool Inc

Analysis

Precious People Preschool Inc is a registered charity in United States, based in Lenox, IA. It received its IRS tax-exemption ruling in February 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 December 2023, Precious People Preschool Inc reported income of $266k and spending of $329k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $416k to $266k (-36%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Precious People Preschool Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within IA. Charities of a similar size with the same main cause include World Business Academy ($266k), Seeds & Water Foundation Inc ($266k) and Kensap Inc ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Other salaries and wages came to $243k. At year end it held assets of $158k against liabilities of $476, net assets of $158k. It reported 32 employees.