Inglemoor Cooperative Preschool

Analysis

Inglemoor Cooperative Preschool is a registered charity in United States, based in Kirkland, WA. 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Inglemoor Cooperative Preschool reported income of $97k and spending of $98k, spending 101% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $109k to $97k (-11%), an average of -11% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inglemoor Cooperative Preschool sits at the 38th percentile: it is larger than about 38% 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 State Street Debating Society Ltd ($97k), Williamsburg Public Library ($97k) and Christian Brothers Financing Organization ($97k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 85% of the total. At year end it held assets of $102k against liabilities of $8,912, net assets of $93k.