Skytown Preschool Inc

Analysis

Skytown Preschool Inc is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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 2023, Skytown Preschool Inc reported income of $184k and spending of $203k, spending 110% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $205k to $184k (-10%), an average of -10% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Skytown Preschool Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Bharat Sevashram Sangha of North America ($184k), Ridgeway Free Library Assoc ($184k) and Isadora Duncan Foundation for Contemporary Dance Inc ($184k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 81% of the total. At year end it held assets of $46k against liabilities of $100k, net assets of -$54k.