Handprints Early Education Centers Inc

Analysis

Handprints Early Education Centers Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 2004, 22 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, Handprints Early Education Centers Inc reported income of $793k and spending of $821k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $681k to $793k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Handprints Early Education Centers 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 75th percentile within CO. Charities of a similar size with the same main cause include Waco Plumbers & Pipefitters Apprenticeship School ($793k), Smithville Workforce Training Center ($794k) and Athena Inc ($793k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Other salaries and wages came to $457k. At year end it held assets of $288k against liabilities of $30k, net assets of $258k. It reported 37 employees.