Blue Lake Pre School Inc

Analysis

Blue Lake Pre School Inc is a registered charity in United States, based in Carbondale, CO. It received its IRS tax-exemption ruling in October 2000, 26 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 December 2023, Blue Lake Pre School Inc reported income of $2.8m and spending of $2.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.8m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Lake Pre School Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include The Visual Arts Center of Richmond ($2.8m), Cambria County Child Development Corporation ($2.8m) and Martin Trust Partnership in Education for Early Learners Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $262k (9.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.5m against liabilities of $713k, net assets of $1.8m. It reported 57 employees.