Summit County Preschool

Analysis

Summit County Preschool is a registered charity in United States, based in Frisco, CO. It received its IRS tax-exemption ruling in August 1975, 51 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 December 2023, Summit County Preschool reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+17%), an average of +4.1% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summit County Preschool sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Susan Odell Taylor School for Children ($1.4m), Montessori Renaissance Academy ($1.4m) and Triumphant Learning Center ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 69% of the total. Other salaries and wages came to $957k. At year end it held assets of $1.1m against liabilities of $26, net assets of $1.1m. It reported 53 employees.