Angel Creek Preschool Inc
Analysis
Angel Creek Preschool Inc is a registered charity in United States, based in Coppell, 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Angel Creek Preschool Inc reported income of $430k and spending of $427k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $374k to $430k (+15%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 92%. 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, Angel Creek Preschool Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Power Inc Family & Children Services ($430k), Bethel Christian Academy Inc ($430k) and Windham Cooperative Kindergarten Inc ($430k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $48k (11% of expenses). Other salaries and wages came to $276k. At year end it held assets of $507k against liabilities of $54k, net assets of $453k. It reported 27 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.0%
- Program services 96%
- Other 4.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Power Inc Family & Children Services | Desoto | $430k |
| Bethel Christian Academy Inc | Spruce Pine | $430k |
| Windham Cooperative Kindergarten Inc | Windham | $430k |
| Liberty Hill Football Boosters | Liberty Hill | $430k |