Ely Co-Op Pre-School

Analysis

Ely Co-Op Pre-School is a registered charity in United States, based in Ely, NV. It received its IRS tax-exemption ruling in February 1997, 29 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 June 2023, Ely Co-Op Pre-School reported income of $233k and spending of $257k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $263k to $233k (-11%), an average of -2.9% a year. The sharpest change came in the year to June 2022, when income rose by 131%. 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, Ely Co-Op Pre-School sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within NV. Charities of a similar size with the same main cause include Pennsylvania Association for Supervision and Cirriculum ($233k), Labyrinth Home Education Co-Op ($233k) and West Monroe High School Bandboosters Club ($233k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $288k against liabilities of $63k, net assets of $225k. It reported 8 employees.