Little Gems of the Sierra Preschool Inc

Analysis

Little Gems of the Sierra Preschool Inc is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in April 2020, 6 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, Little Gems of the Sierra Preschool Inc reported income of $975k and spending of $1.0m, spending 103% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $519k to $975k (+88%), an average of +37% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Gems of the Sierra Preschool Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include American Philatelic Research Library ($975k), Fairbanks Montessori Association Inc ($975k) and Justice College ($975k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $516k. At year end it held assets of $340k against liabilities of $103k, net assets of $237k. It reported 17 employees.