Deep Creek Baptist Church Preschool

Analysis

Deep Creek Baptist Church Preschool is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in May 2014, 12 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, Deep Creek Baptist Church Preschool reported income of $734k and spending of $856k, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $770k to $734k (-4.7%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Deep Creek Baptist Church Preschool sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Delaware Futures Inc ($734k), Coalescion ($734k) and Association of Early Learning Coalitions Inc ($734k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $548k. At year end it held assets of $402k against liabilities of $1,295, net assets of $401k. It reported 52 employees.