Lakeside Presbyterian Church Kindergarten-Preschool Inc

Analysis

Lakeside Presbyterian Church Kindergarten-Preschool Inc is a registered charity in United States, based in Lakeside Park, KY. It received its IRS tax-exemption ruling in December 2001, 25 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 August 2024, Lakeside Presbyterian Church Kindergarten-Preschool Inc reported income of $687k and spending of $497k, leaving 28% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $334k to $687k (+106%), an average of +16% a year. The sharpest change came in the year to August 2021, when income rose by 41%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeside Presbyterian Church Kindergarten-Preschool Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Artstech ($687k), Eastern Ridge School ($687k) and The New School of Syracuse ($687k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 41% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $26k (5.2% of expenses). Other salaries and wages came to $326k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 24 employees.