Sonoma Preschool Academy

Analysis

Sonoma Preschool Academy is a registered charity in United States, based in Sonoma, CA. It received its IRS tax-exemption ruling in March 2019, 7 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, Sonoma Preschool Academy reported income of $349k and spending of $255k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $162k to $349k (+116%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 83%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sonoma Preschool Academy 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 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include McKeen Street Learning Center Inc ($349k), Midwest Christian Montessori Academy ($349k) and Creating Alternative Reason to Excel Inc ($349k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $159k. At year end it held assets of $186k against liabilities of $9,753, net assets of $176k. It reported 9 employees.