Waverly Pre-School

Analysis

Waverly Pre-School is a registered charity in United States, based in Waverly, NE. It received its IRS tax-exemption ruling in February 1977, 49 years ago. 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 December 2023, Waverly Pre-School reported income of $97k and spending of $113k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $97k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waverly Pre-School sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NE. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($97k), English River Outfitters Resort ($97k) and California Federation of Womens Clubs ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $64k against liabilities of $2,680, net assets of $62k.