Little Angels Preschool

Analysis

Little Angels Preschool is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in August 2003, 23 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, Little Angels Preschool reported income of $830k and spending of $851k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $547k to $830k (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Angels Preschool sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Advocates for Special People Inc ($829k), Ma or Yeshiva High School Inc ($830k) and Amigos de Santa Cruz Foundation ($829k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $85k (10% of expenses). Other salaries and wages came to $443k. At year end it held assets of $158k against liabilities of $183k, net assets of -$26k. It reported 13 employees.