Childrens Pre-School Center Inc

Analysis

Childrens Pre-School Center Inc is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in September 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, Childrens Pre-School Center Inc reported income of $3.1m and spending of $3.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.5m to $3.1m (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Pre-School Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Washington County Family Center ($3.1m), Day Orion Individual Treatment Inc ($3.1m) and Minnesota Waldorf School ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $165k (5.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $591k against liabilities of $254k, net assets of $336k. It reported 41 employees.