Centreville Preschool Inc

Analysis

Centreville Preschool Inc is a registered charity in United States, based in Centreville, VA. It received its IRS tax-exemption ruling in April 1973, 53 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, Centreville Preschool Inc reported income of $56k and spending of $183k, spending 326% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $254k to $56k (-78%), an average of -31% a year. The sharpest change came in the year to June 2023, when income dropped by 72%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Centreville Preschool Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Sandusky County Positive People High School Positive Living Award ($56k), Washington Bar Association Educational Foundation Inc ($56k) and Deep Run Band Boosters Inc ($56k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $46k (25% of expenses). Other salaries and wages came to $68k. At year end it held assets of $131k against liabilities of $633, net assets of $131k. It reported 12 employees.