Towson Presbyterian Kindergarten Inc

Analysis

Towson Presbyterian Kindergarten Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in August 1978, 48 years ago. 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 August 2023, Towson Presbyterian Kindergarten Inc reported income of $599k and spending of $569k, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $486k to $599k (+23%), an average of +5.3% a year. The sharpest change came in the year to August 2022, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Towson Presbyterian Kindergarten Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Fahy West C/O Goodale & Barbieri ($599k), Kings Daughters Elderly Housing Corporation ($599k) and KB Ambulance Corps Inc ($599k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $86k (15% of expenses). At year end it held assets of $582k against liabilities of $136k, net assets of $446k. It reported 32 employees.