Telluride Preschool Inc

Analysis

Telluride Preschool Inc is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Telluride Preschool Inc reported income of $211k and spending of $278k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $227k to $211k (-6.8%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Telluride Preschool Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Larry M Trice Sr Community Outreach Services ($211k), Monroe County Helping Hand ($212k) and New Beginnings Family Services ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $65k (23% of expenses). Other salaries and wages came to $101k. At year end it held assets of $124k against liabilities of $59k, net assets of $66k. It reported 11 employees.