Lees Pre-School Center

Analysis

Lees Pre-School Center is a registered charity in United States, based in Alachua, FL. It received its IRS tax-exemption ruling in April 1979, 47 years ago. 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 December 2023, Lees Pre-School Center reported income of $347k and spending of $379k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $361k to $347k (-3.8%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lees Pre-School Center sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Curanopy Inc ($347k), Open Path Retreat Center Inc ($348k) and Bethany Housing Corp ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $88k (23% of expenses). Other salaries and wages came to $123k. At year end it held assets of $193k against liabilities of $27k, net assets of $166k. It reported 11 employees.