University Oaks Preschool Inc
Analysis
University Oaks Preschool Inc is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in October 2015, 11 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, University Oaks Preschool Inc reported income of $265k and spending of $264k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $205k to $265k (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 84% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, University Oaks Preschool Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Great Khalid Foundation Inc ($265k), St Marys School Fredericksburg Texas Endowment Fund Inhc ($265k) and Millvale Library ($265k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.3% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $52k (20% of expenses). Other salaries and wages came to $153k. At year end it held assets of $390k against liabilities of $0, net assets of $390k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.3%
- Program services 87%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Great Khalid Foundation Inc | East Point | $265k |
| St Marys School Fredericksburg Texas Endowment Fund Inhc | Fredericksbrg | $265k |
| Millvale Library | Millvale | $265k |
| The Legacy Institute | Kenmore | $265k |