Little Sprouts Community Preschool

Analysis

Little Sprouts Community Preschool is a registered charity in United States, based in Cedaredge, CO. It received its IRS tax-exemption ruling in April 1996, 30 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 June 2024, Little Sprouts Community Preschool reported income of $201k and spending of $183k, spending 91% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $114k to $201k (+76%), an average of +33% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Sprouts Community Preschool sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Bishop State Community College Foundation ($201k), Mooresville Blue Devil Band Boosters Inc ($201k) and Beam Foundation ($201k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $119k (65% of expenses). Other salaries and wages came to $9,109. At year end it held assets of $176k against liabilities of $33k, net assets of $143k.