Charlotte Jewish Preschool Inc

Analysis

Charlotte Jewish Preschool Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Charlotte Jewish Preschool Inc reported income of $4.1m and spending of $3.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.1m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charlotte Jewish Preschool Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Simple Foundation ($4.1m), Minnesota New Country School ($4.1m) and Navigator Pointe Academy ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.7% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $129k (3.5% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $3.6m against liabilities of $538k, net assets of $3.0m. It reported 60 employees.