East End Preschool

Analysis

East End Preschool is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in June 2023, 3 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 August 2024, East End Preschool reported income of $345k and spending of $380k, spending 110% of what it took in. Across the 4 years on record, from August 2021 to August 2024, income grew from $291k to $345k (+18%), an average of +5.7% a year. The sharpest change came in the year to August 2022, when income rose by 92%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East End Preschool sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Friends of Visitation ($345k), One Spark Foundation Inc ($345k) and Franklin High School Parent Booster Club ($345k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 0.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $45k (12% of expenses). Other salaries and wages came to $207k. At year end it held assets of $367k against liabilities of $0, net assets of $367k. It reported 20 employees.