Valley Drive Pre-School Inc

Analysis

Valley Drive Pre-School Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in February 1972, 54 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, Valley Drive Pre-School Inc reported income of $253k and spending of $262k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $253k (+5.9%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Drive Pre-School Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Oster Elementary School Home and School Club Inc ($253k), Palencia Elementary PTO Inc ($253k) and Just for Kids of Utah County Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $27k (10% of expenses). Other salaries and wages came to $153k. At year end it held assets of $114k against liabilities of $0, net assets of $114k.