Raccoon River Preschool Inc

Analysis

Raccoon River Preschool Inc is a registered charity in United States, based in Adel, IA. It received its IRS tax-exemption ruling in August 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 December 2023, Raccoon River Preschool Inc reported income of $92k and spending of $117k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $160k to $92k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Raccoon River Preschool Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IA. Charities of a similar size with the same main cause include Carmel Middle School Fam Club Ltd ($92k), MMTCP Alumni Association ($92k) and PBS Concessions Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 82% of the total. At year end it held assets of $93k against liabilities of $1,914, net assets of $91k.