Preston Royal Preschool

Analysis

Preston Royal Preschool is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 1985, 41 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 2024, Preston Royal Preschool reported income of $239k and spending of $288k, spending 121% of what it took in. Across the 5 years on record, from August 2020 to August 2024, income fell from $315k to $239k (-24%), an average of -6.7% a year. The sharpest change came in the year to August 2022, when income rose by 49%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Preston Royal Preschool sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Portsmouth & Chesapeake Area Foundation ($239k), D a V Indiana Service Foundation ($239k) and Sun City Center Security Patrol Inc ($239k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $45k (16% of expenses). Other salaries and wages came to $125k. At year end it held assets of $192k against liabilities of $0, net assets of $192k.