Westside Preschool

Analysis

Westside Preschool is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in October 1974, 52 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Westside Preschool reported income of $827k and spending of $843k, spending 102% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $649k to $827k (+27%), an average of +6.3% a year. The sharpest change came in the year to May 2022, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westside Preschool sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within SD. Charities of a similar size with the same main cause include Francis Asbury Society Inc ($827k), Public Accountability Initiative Inc ($827k) and Aladdin Shriners Hospital Association for Children Inc ($826k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $609k. At year end it held assets of $423k against liabilities of $36k, net assets of $387k. It reported 45 employees.