Ark Adventure Preschool

Analysis

Ark Adventure Preschool is a registered charity in United States, based in Plano, 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 July 2024, Ark Adventure Preschool reported income of $372k and spending of $419k, spending 113% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $330k to $372k (+13%), an average of +3.0% a year. The sharpest change came in the year to July 2022, when income rose by 109%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ark Adventure 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 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Expanding Frontiers Corp ($372k), Adult Learning Center Inc ($372k) and Lao Advancement Organization of America ($372k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $102k (24% of expenses). Other salaries and wages came to $229k. At year end it held assets of $527k against liabilities of $0, net assets of $527k. It reported 31 employees.