Island Cooperative Preschool

Analysis

Island Cooperative Preschool is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in August 2014, 12 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 2024, Island Cooperative Preschool reported income of $141k and spending of $125k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $98k to $141k (+43%), an average of +43% a year. The sharpest change came in the year to June 2024, when income rose by 43%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Island Cooperative Preschool sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Curran Homestead ($141k), JT Moore PTO ($141k) and Childrens Kiva Building Corporation ($141k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 73% of the total. At year end it held assets of $92k against liabilities of $2,071, net assets of $90k.