Washington Park Early Learning Center
Analysis
Washington Park Early Learning Center is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 1973, 53 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, Washington Park Early Learning Center reported income of $369k and spending of $330k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $280k to $369k (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 51%. 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, Washington Park Early Learning Center sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include Lago Vista Academy ($369k), The Atlanta-Fulton Public Library Foundation Inc ($369k) and Parent Booster USA Inc ($369k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $43k (13% of expenses). Other salaries and wages came to $163k. At year end it held assets of $486k against liabilities of $0, net assets of $486k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.9%
- Program services 81%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lago Vista Academy | Lago Vista | $369k |
| The Atlanta-Fulton Public Library Foundation Inc | Atlanta | $369k |
| Parent Booster USA Inc | Katy | $369k |
| Commack Booster Club Organization | Commack | $369k |