Lynnwood Meadowdale Parent Cooperative Preschool

Analysis

Lynnwood Meadowdale Parent Cooperative Preschool is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in June 1972, 54 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 2024, Lynnwood Meadowdale Parent Cooperative Preschool reported income of $63k and spending of $65k, spending 103% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $29k to $63k (+115%), an average of +114% a year. The sharpest change came in the year to June 2024, when income rose by 115%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lynnwood Meadowdale Parent Cooperative Preschool 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 25th percentile, and in the 19th percentile within WA. Charities of a similar size with the same main cause include Whittier Art Association ($63k), Friends of San Carlos Adult Community Center Inc ($63k) and Ely Educational Foundation Inc ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 92% of the total. At year end it held assets of $39k against liabilities of $4,649, net assets of $35k.