Spring-Mar Preschool Association Inc

Analysis

Spring-Mar Preschool Association Inc is a registered charity in United States, based in Burke, VA. It received its IRS tax-exemption ruling in September 1964, 62 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, Spring-Mar Preschool Association Inc reported income of $211k and spending of $194k, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $211k to $211k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 134%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spring-Mar Preschool Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Wisconsin Credit Union Foundationinc ($210k), Frank Black Middle School PTO ($211k) and Re the Regenerative School Inc ($210k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $31k (16% of expenses). Other salaries and wages came to $106k. At year end it held assets of $97k against liabilities of $91, net assets of $97k. It reported 18 employees.