Albuquerque Pre School Cooperative

Analysis

Albuquerque Pre School Cooperative is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 1969, 57 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 May 2023, Albuquerque Pre School Cooperative reported income of $263k and spending of $238k, spending 90% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $224k to $263k (+17%), an average of +4.1% a year. The sharpest change came in the year to May 2022, when income rose by 489%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Albuquerque Pre School Cooperative sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NM. Charities of a similar size with the same main cause include Madison Station Parent Teacher Organization Inc ($263k), Rhode Island League of Charter Schools ($263k) and Bartow High School Yellow Jackets Athletic Boosters Club Inc ($263k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 6.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $53k (22% of expenses). Other salaries and wages came to $131k. At year end it held assets of $369k against liabilities of $3,300, net assets of $366k. It reported 8 employees.