Tauxemont Cooperative Preschool Inc

Analysis

Tauxemont Cooperative Preschool Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 1946, 80 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 2023, Tauxemont Cooperative Preschool Inc reported income of $365k and spending of $350k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $304k to $365k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tauxemont Cooperative Preschool Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Kismet Rock Foundation ($365k), Charles Henry Leach II Fund for Duquesne University ($366k) and Magellan Education Foundation Inc ($365k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $59k (17% of expenses). Other salaries and wages came to $154k. At year end it held assets of $330k against liabilities of $0, net assets of $330k. It reported 12 employees.