Fuzzy Bear Ministry Preschool & Daycare

Analysis

Fuzzy Bear Ministry Preschool & Daycare is a registered charity in United States, based in Ladoga, IN. It received its IRS tax-exemption ruling in January 2018, 8 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, Fuzzy Bear Ministry Preschool & Daycare reported income of $361k and spending of $400k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $361k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fuzzy Bear Ministry Preschool & Daycare 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 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Mia Bella Child Disovery Center Inc ($360k), Southern Cleveland Drop Back in ($361k) and Adolesco Preparatory Academy Inc ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $48k (12% of expenses). Other salaries and wages came to $204k. At year end it held assets of $428k against liabilities of $76k, net assets of $352k. It reported 23 employees.