Bethlehem Lutheran Preschool Inc

Analysis

Bethlehem Lutheran Preschool Inc is a registered charity in United States, based in Jax BCH, FL. It received its IRS tax-exemption ruling in April 2014, 12 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 December 2022, Bethlehem Lutheran Preschool Inc reported income of $497k and spending of $532k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $437k to $497k (+14%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethlehem Lutheran Preschool Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Springfield Christian School ($496k), Horizons Delmarva Inc ($497k) and Bedford North Lawrence Scholarship Foundation Inc ($496k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $50k (9.3% of expenses). Other salaries and wages came to $292k. At year end it held assets of $268k against liabilities of $715, net assets of $268k. It reported 17 employees.