Purple Moose Enrichment Preschool

Analysis

Purple Moose Enrichment Preschool is a registered charity in United States, based in Crystal Lake, IL. It received its IRS tax-exemption ruling in May 2016, 10 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 June 2024, Purple Moose Enrichment Preschool reported income of $254k and spending of $365k, spending 143% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $203k to $254k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Purple Moose Enrichment Preschool sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Teach-The-World Foundation Inc ($254k), Elevate West Alabama ($254k) and Center on Business and Poverty Inc ($254k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $97k (27% of expenses). Other salaries and wages came to $96k. At year end it held assets of $46k against liabilities of -$5,471, net assets of $52k. It reported 17 employees.