Meadows Place Preschool

Analysis

Meadows Place Preschool is a registered charity in United States, based in Meadows Place, TX. It received its IRS tax-exemption ruling in August 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, Meadows Place Preschool reported income of $352k and spending of $313k, spending 89% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $188k to $352k (+87%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 103%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meadows Place Preschool 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 69th percentile within TX. Charities of a similar size with the same main cause include Vanguard Gifted Academy ($352k), Love and Learn Preschools Inc ($352k) and Seeds in His Garden ($352k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 88% of the total. Other salaries and wages came to $248k. At year end it held assets of $266k against liabilities of $43k, net assets of $223k. It reported 13 employees.