Learning Center Preschool of Evergreen Ltd

Analysis

Learning Center Preschool of Evergreen Ltd is a registered charity in United States, based in Evergreen, CO. It received its IRS tax-exemption ruling in May 2021, 5 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 June 2023, Learning Center Preschool of Evergreen Ltd reported income of $669k and spending of $529k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $351k to $669k (+91%), an average of +38% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Center Preschool of Evergreen Ltd sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include I Ams Temple Ministries ($669k), Schools for Salone ($669k) and Lake Lure Community Education Foundation ($669k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 90% of the total. Other salaries and wages came to $402k. At year end it held assets of $488k against liabilities of $72k, net assets of $416k. It reported 13 employees.