Childrens House Preschool Inc

Analysis

Childrens House Preschool Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in October 2001, 25 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 July 2024, Childrens House Preschool Inc reported income of $215k and spending of $272k, spending 127% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $300k to $215k (-28%), an average of -6.4% a year. The sharpest change came in the year to July 2023, when income rose by 72%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens House 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 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Sias University Foundation ($215k), You Decide Kentucky Inc ($215k) and Qed Colorado ($215k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 52% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $138k (51% of expenses). Other salaries and wages came to $22k. At year end it held assets of $388k against liabilities of $1,653, net assets of $386k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.