LA Escuelita Bilingual Preschool

Analysis

LA Escuelita Bilingual Preschool is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, LA Escuelita Bilingual Preschool reported income of $477k and spending of $547k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $406k to $477k (+18%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Escuelita Bilingual Preschool sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Wells Family Resource Center ($477k), Kiddie Kollege Day Care Center Inc ($477k) and USA Ibc Foundation ($477k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $32k (5.8% of expenses). At year end it held assets of $9,175 against liabilities of $0, net assets of $9,175. It reported 12 employees.