Little Hands Preschool

Analysis

Little Hands Preschool is a registered charity in United States, based in Damascus, MD. 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Little Hands Preschool reported income of $323k and spending of $371k, spending 115% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $237k to $323k (+36%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 172%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Hands Preschool sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Griffith Theological Research Foundation Inc ($323k), Manners of the Heart ($323k) and Miss BS Learning Bees ($323k).

On its Form 990 for the period ending June 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 $85k (23% of expenses). Other salaries and wages came to $119k. At year end it held assets of $82k against liabilities of $26, net assets of $82k. It reported 20 employees.