Westminster Preschool Inc

Analysis

Westminster Preschool Inc is a registered charity in United States, based in Marion, IN. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Westminster Preschool Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $546k to $1.9m (+242%), an average of +36% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westminster Preschool Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Our Career Centered Academy Inc ($1.9m), Spring Garden Waldorf School ($1.9m) and She-Can Global Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $583k against liabilities of $117, net assets of $582k. It reported 112 employees.