Preschool at Point Washington Inc

Analysis

Preschool at Point Washington Inc is a registered charity in United States, based in Santa Rsa BCH, FL. It received its IRS tax-exemption ruling in November 2009, 17 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 December 2023, Preschool at Point Washington Inc reported income of $813k and spending of $657k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $455k to $813k (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Preschool at Point Washington Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Arts Partners Inc ($813k), Learning Economy Inc ($813k) and Foundation for Engineering at Kansas State University ($813k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 90% of the total. Other salaries and wages came to $419k. At year end it held assets of $685k against liabilities of $174, net assets of $685k. It reported 26 employees.