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Inman Park Cooperative Preschool Inc

RegisteredEIN 58-1449533Atlanta, GAEducation and training
Income$1.1m2023-05
Spending$954ksame year
Spent / received91%5-year average
Size in its cause76th pctEducation and training
Exempt since1983School
Employees31latest return

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

$0$273k$546k$820k$1.1m2019 Income: $727,9162019 Spending: $753,34920192020 Income: $753,9282020 Spending: $775,03220202021 Income: $568,5412021 Spending: $531,72920212022 Income: $1,092,9402022 Spending: $833,69220222023 Income: $1,079,6082023 Spending: $953,8142023
IncomeSpending

Where the income comes from

  • Contributions & grants 25%
  • Program services 75%

Similar-sized charities, same cause

CharityLocationIncome
Meto IncWashington$1.1m
Found in Translation IncDorchester$1.1m
Council for Advancement and Support of Education-Asia PacificSingapore$1.1m
Wongu University of Oriental MedicineLas Vegas$1.1m