Aldersgate Preschool Inc

Analysis

Aldersgate Preschool Inc is a registered charity in United States, based in Bellevue, NE. It received its IRS tax-exemption ruling in April 2002, 24 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 July 2024, Aldersgate Preschool Inc reported income of $74k and spending of $98k, spending 131% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $93k to $74k (-20%), an average of -20% a year. The sharpest change came in the year to July 2024, when income dropped by 20%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aldersgate Preschool Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NE. Charities of a similar size with the same main cause include Quad Cities Graduate Study Center ($74k), Merrol Hyde Magnet School PTO ($74k) and The Hickman Nest - Nurturing & Encouraging Students Together ($74k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 8.2% and program service revenue 84% of the total. At year end it held assets of $66k against liabilities of $5,009, net assets of $61k.