Free Spirit Cooperative Pre-School

Analysis

Free Spirit Cooperative Pre-School is a registered charity in United States, based in Woodward, OK. It received its IRS tax-exemption ruling in August 2014, 12 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, Free Spirit Cooperative Pre-School reported income of $65k and spending of $62k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $65k (-3.4%), an average of -3.4% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Free Spirit Cooperative Pre-School sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within OK. Charities of a similar size with the same main cause include Bmore Learning ($65k), Yinghua Language School ($65k) and Idaho Walk Bike Alliance Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. At year end it held assets of $54k against liabilities of $501, net assets of $54k.