Louisville Preschool Inc

Analysis

Louisville Preschool Inc is a registered charity in United States, based in Louisville, CO. It received its IRS tax-exemption ruling in May 1994, 32 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, Louisville Preschool Inc reported income of $226k and spending of $213k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $226k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisville 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 The Harrison School District Foundation Inc ($226k), Musicians Foundation Inc ($226k) and Society of the First Infantry Division ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $54k (25% of expenses). Other salaries and wages came to $67k. At year end it held assets of $54k against liabilities of $11k, net assets of $43k. It reported 10 employees.