Key West Pre-School Co-Operative Inc

Analysis

Key West Pre-School Co-Operative Inc is a registered charity in United States, based in Key West, FL. It received its IRS tax-exemption ruling in September 2024, 2 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 June 2024, Key West Pre-School Co-Operative Inc reported income of $295k and spending of $331k, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $137k to $295k (+115%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Key West Pre-School Co-Operative Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Friends of the Tellico Village Library Inc ($295k), A House in Austin NFP ($295k) and Nashville Sheetmetal Joint Apprentice Committee ($295k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $49k (15% of expenses). Other salaries and wages came to $157k. At year end it held assets of $84k against liabilities of $0, net assets of $84k. It reported 11 employees.