Early Learning Pre School

Analysis

Early Learning Pre School is a registered charity in United States, based in Rio Rancho, NM. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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, Early Learning Pre School reported income of $279k and spending of $296k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $254k to $279k (+9.6%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Early Learning Pre School sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NM. Charities of a similar size with the same main cause include New Hampshire Philharmonic Orchestra Incorporated ($279k), SC Chamber Education and Workforce Development Foundation ($279k) and Lakeland Hospital Auxiliary St Joseph ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $53k (18% of expenses). Other salaries and wages came to $141k. At year end it held assets of $188k against liabilities of $3,013, net assets of $185k. It reported 12 employees.