Renaissance Preschool Inc

Analysis

Renaissance Preschool Inc is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Renaissance Preschool Inc reported income of $1.1m and spending of $1.3m, spending 114% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $687k to $1.1m (+66%), an average of +14% a year. The sharpest change came in the year to July 2021, when income rose by 33%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Renaissance Preschool Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Americas Scholarship Konnection Inc ($1.1m), Middle Georgia Center for Educational Excellence ($1.1m) and Mount Zion Christian Schools Inc ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.3% and program service revenue 93% of the total. Other salaries and wages came to $742k. At year end it held assets of $1.4m against liabilities of $1.3m, net assets of $104k. It reported 18 employees.