Tims Preschool Inc

Analysis

Tims Preschool Inc is a registered charity in United States, based in Lutz, FL. It received its IRS tax-exemption ruling in June 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, Tims Preschool Inc reported income of $278k and spending of $328k, spending 118% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $240k to $278k (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tims Preschool Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Waverly-Shell Rock Educational Fund ($278k), Liberty Hill Isd Education Foundation ($278k) and Great Basin Outdoor School ($278k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $209k. At year end it held assets of $421k against liabilities of $0, net assets of $421k.