Shoreline Community Cooperative Preschool

Analysis

Shoreline Community Cooperative Preschool is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in November 1975, 51 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 June 2023, Shoreline Community Cooperative Preschool reported income of $97k and spending of $117k, spending 121% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $94k to $97k (+2.5%), an average of +2.5% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shoreline Community Cooperative Preschool sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within WA. Charities of a similar size with the same main cause include Oregon High School International Relations League ($97k), Kinnikinnick Parent Teacher Organization Kinnikinnick School ($97k) and Cambridge Senior Citizens Inc ($97k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 74% of the total. At year end it held assets of $109k against liabilities of $6,413, net assets of $102k.