Thompson Valley Preschool Inc

Analysis

Thompson Valley Preschool Inc is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in November 1974, 52 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 June 2023, Thompson Valley Preschool Inc reported income of $227k and spending of $254k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $289k to $227k (-21%), an average of -5.8% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thompson Valley Preschool Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Sawtooth Interpretive and Historical Association ($227k), Randolph Mountain Club ($227k) and Mad River Valley Senior Citizens Inc ($227k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $163k. At year end it held assets of $106k against liabilities of $4,429, net assets of $102k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.