Sandpoint Preschool Academy Inc

Analysis

Sandpoint Preschool Academy Inc is a registered charity in United States, based in Sandpoint, ID. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, Sandpoint Preschool Academy Inc reported income of $56k and spending of $40k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $56k (+101%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sandpoint Preschool Academy Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within ID. Charities of a similar size with the same main cause include Friends of the East Greenbush Community Library ($56k), Holden R-Iii School Foundation Inc ($56k) and Templeton High School Ffa Supportclub ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,582 against liabilities of $751, net assets of $831.