Preferred School Care Inc

Analysis

Preferred School Care Inc is a registered charity in United States, based in Mableton, GA. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Preferred School Care Inc reported income of $1.9m and spending of $1.7m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $965k to $1.9m (+92%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 303%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Preferred School Care Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Eagle Christian Academy ($1.9m), Partnership for Youth Inc ($1.9m) and Stark High School ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $367k (22% of expenses). Other salaries and wages came to $912k. At year end it held assets of $1.1m against liabilities of $4,290, net assets of $1.1m. It reported 94 employees.