Lolo Preschool and Childcare

Analysis

Lolo Preschool and Childcare is a registered charity in United States, based in Lolo, MT. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lolo Preschool and Childcare reported income of $321k and spending of $359k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $237k to $321k (+36%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lolo Preschool and Childcare sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MT. Charities of a similar size with the same main cause include Seasoned Gives Inc ($321k), Square One de Inc ($321k) and Common Grain Alliance ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $57k (16% of expenses). Other salaries and wages came to $136k. At year end it held assets of $76k against liabilities of $9,752, net assets of $66k. It reported 19 employees.