Tri-Lakes Community Preschool

Analysis

Tri-Lakes Community Preschool is a registered charity in United States, based in Monument, CO. It received its IRS tax-exemption ruling in February 1993, 33 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 December 2023, Tri-Lakes Community Preschool reported income of $264k and spending of $251k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $215k to $264k (+23%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 16%. 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, Tri-Lakes Community Preschool sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Book for Hope Inc ($264k), Yucaipa Valley Youth Soccer Organization ($264k) and Congregation of Vietnamese Buddhists Chicago-Quang Minh Tmple ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $73k (29% of expenses). Other salaries and wages came to $104k. At year end it held assets of $188k against liabilities of $88k, net assets of $101k. It reported 9 employees.