Fallston Country Prek Incorporated

Analysis

Fallston Country Prek Incorporated is a registered charity in United States, based in Fallston, MD. It received its IRS tax-exemption ruling in September 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 2024, Fallston Country Prek Incorporated reported income of $369k and spending of $349k, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $389k to $369k (-5.0%), an average of -1.0% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fallston Country Prek Incorporated 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 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Ida Crown Jewish Academy Endowment Foundation ($369k), Center for Engaged Scholarship ($369k) and American Friends of Rabbi Meir Schusters Heritage House Inc ($369k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $253k (73% of expenses). At year end it held assets of $334k against liabilities of $45k, net assets of $290k. It reported 14 employees.