Kremmling Preschool

Analysis

Kremmling Preschool is a registered charity in United States, based in Kremmling, CO. It received its IRS tax-exemption ruling in July 1975, 51 years ago. 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 May 2024, Kremmling Preschool reported income of $310k and spending of $280k, spending 90% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $258k to $310k (+20%), an average of +9.7% a year. The sharpest change came in the year to May 2024, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kremmling Preschool sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CO. Charities of a similar size with the same main cause include Bridge of Hope Buxmont ($310k), Northeast Philadelphia Victim- Witness Service ($310k) and Fine Arts Society of Indianapolis ($310k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 79% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $58k (21% of expenses). Other salaries and wages came to $143k. At year end it held assets of $467k against liabilities of $0, net assets of $467k. It reported 7 employees.