Grant Park Cooperative Preschool Inc

Analysis

Grant Park Cooperative Preschool Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Grant Park Cooperative Preschool Inc reported income of $1.5m and spending of $1.2m, spending 80% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.5m (+50%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grant Park Cooperative Preschool Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include School in the Woods Montessori School ($1.5m), Joan Ganz Cooney Center Foreducational Media and Research Inc ($1.5m) and American Library in Paris Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $70k (5.8% of expenses). Other salaries and wages came to $755k. At year end it held assets of $1.2m against liabilities of $133k, net assets of $1.0m. It reported 46 employees.