Northeast Kingdom Preschool and Childcare Corp

Analysis

Northeast Kingdom Preschool and Childcare Corp is a registered charity in United States, based in Lyndonville, VT. It received its IRS tax-exemption ruling in January 2017, 9 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, Northeast Kingdom Preschool and Childcare Corp reported income of $494k and spending of $457k, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $404k to $494k (+22%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeast Kingdom Preschool and Childcare Corp sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 64th percentile within VT. Charities of a similar size with the same main cause include Fort Griffin Fandangle Association Inc ($494k), Los Angeles Philanthropic Foundation ($494k) and Kineo School ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $336k. At year end it held assets of $106k against liabilities of $22k, net assets of $84k. It reported 15 employees.