Arch Street Preschool

Analysis

Arch Street Preschool is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2014, 12 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 2023, Arch Street Preschool reported income of $670k and spending of $671k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $656k to $670k (+2.2%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 120%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arch Street Preschool sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Gundalow Company ($670k), Bell Tech Career Institute Inc ($670k) and American Christian School and Art Center Inc ($670k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $87k (13% of expenses). Other salaries and wages came to $318k. At year end it held assets of $679k against liabilities of $35k, net assets of $644k. It reported 12 employees.