Coastal Community Preschool Inc

Analysis

Coastal Community Preschool Inc is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in March 2007, 19 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, Coastal Community Preschool Inc reported income of $971k and spending of $952k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $645k to $971k (+51%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coastal Community Preschool Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Watermark Classical Academy ($971k), Unity School Inc ($971k) and Ventura County Electrical Workers Joint Apprenticeship Trust Fund ($971k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $135k (14% of expenses). Other salaries and wages came to $441k. At year end it held assets of $703k against liabilities of $5,102, net assets of $698k. It reported 24 employees.