Cincinnati Preschool Program

Analysis

Cincinnati Preschool Program is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cincinnati Preschool Program reported income of $9.9m and spending of $9.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $9.9m (+64%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cincinnati Preschool Program sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Twin Cities Academy ($9.9m), Columbus Humanities Arts and Technology Academy ($9.9m) and Eastern Illinois University Foundation ($9.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $307k (3.1% of expenses). Other salaries and wages came to $428k. At year end it held assets of $3.6m against liabilities of $3.3m, net assets of $303k. It reported 9 employees.