Inman Park Cooperative Preschool Inc
Analysis
Inman Park Cooperative Preschool Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1983, 43 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 May 2023, Inman Park Cooperative Preschool Inc reported income of $1.1m and spending of $954k, spending 88% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $728k to $1.1m (+48%), an average of +10% a year. The sharpest change came in the year to May 2022, when income rose by 92%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Inman Park Cooperative Preschool Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Meto Inc ($1.1m), Found in Translation Inc ($1.1m) and Council for Advancement and Support of Education-Asia Pacific ($1.1m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 26% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $107k (11% of expenses). At year end it held assets of $1.0m against liabilities of $181k, net assets of $834k. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 75%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Meto Inc | Washington | $1.1m |
| Found in Translation Inc | Dorchester | $1.1m |
| Council for Advancement and Support of Education-Asia Pacific | Singapore | $1.1m |
| Wongu University of Oriental Medicine | Las Vegas | $1.1m |