Circle of Friends Christian Preschool

Analysis

Circle of Friends Christian Preschool is a registered charity in United States, based in Shelbyville, TN. It received its IRS tax-exemption ruling in June 1985, 41 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, Circle of Friends Christian Preschool reported income of $943k and spending of $602k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $268k to $943k (+252%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 156%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Circle of Friends Christian Preschool sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Childrens Literacy Center Inc ($943k), Jericho School for Children with Autism Inc ($943k) and Heartwood Alc ($943k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 77% of the total. Other salaries and wages came to $368k. At year end it held assets of $2.3m against liabilities of $194k, net assets of $2.1m. It reported 14 employees.