Prep Center Pre-School Recreaional Educational Program Inc

Analysis

Prep Center Pre-School Recreaional Educational Program Inc is a registered charity in United States, based in Bastrop, LA. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Prep Center Pre-School Recreaional Educational Program Inc reported income of $796k and spending of $906k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $666k to $796k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prep Center Pre-School Recreaional Educational Program 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 77th percentile, and in the 75th percentile within LA. Charities of a similar size with the same main cause include Woodland Action Center ($796k), Super-Kids Day Care Center Inc ($797k) and Love Overwhelming ($796k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $65k (7.2% of expenses). Other salaries and wages came to $328k. At year end it held assets of $861k against liabilities of $11k, net assets of $850k. It reported 40 employees.