Preschool Partners

Analysis

Preschool Partners is a registered charity in United States, based in Mountain BRK, AL. It received its IRS tax-exemption ruling in August 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, Preschool Partners reported income of $1.7m and spending of $1.5m, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.7m (+58%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 26%. 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, Preschool Partners sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within AL. Charities of a similar size with the same main cause include Miftaahul Uloom Inc ($1.7m), Christian Education Society of Mebane Inc ($1.7m) and Suitup Incorporated ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $106k (7.3% of expenses). Other salaries and wages came to $859k. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m. It reported 30 employees.