Early Education Cooperative Preschool

Analysis

Early Education Cooperative Preschool is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2015, 11 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 2023, Early Education Cooperative Preschool reported income of $498k and spending of $428k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $249k to $498k (+100%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 85%. 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, Early Education Cooperative Preschool sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within AZ. Charities of a similar size with the same main cause include Bullitt East Athletic Booster Club ($498k), Canyon Creek Preschool Inc ($498k) and Jet Award Foundation & Trust Inc ($498k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $83k (19% of expenses). Other salaries and wages came to $211k. At year end it held assets of $408k against liabilities of $32k, net assets of $377k. It reported 24 employees.