Lexington Friends Preschool Inc

Analysis

Lexington Friends Preschool Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lexington Friends Preschool Inc reported income of $443k and spending of $428k, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $349k to $443k (+27%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lexington Friends Preschool Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include Pinetree Institute ($443k), Miramonte High School Parents Club Inc ($443k) and Trinity Western University Foundation U S ($443k).

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. Other salaries and wages came to $337k. At year end it held assets of $228k against liabilities of $0, net assets of $228k. It reported 18 employees.