Gabriels Little Angels Preschool

Analysis

Gabriels Little Angels Preschool is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gabriels Little Angels Preschool reported income of $526k and spending of $420k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $306k to $526k (+72%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gabriels Little Angels Preschool sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include New Rochelle Fund for Educational Excellence Inc ($526k), Rogue Valley Farm to School ($526k) and Bryan Isd Education Foundation ($526k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $65k (15% of expenses). Other salaries and wages came to $220k. At year end it held assets of $672k against liabilities of $51k, net assets of $621k.