Pike Market Child Care and Preschool

Analysis

Pike Market Child Care and Preschool is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 1981, 45 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, Pike Market Child Care and Preschool reported income of $2.1m and spending of $1.8m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.1m (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pike Market Child Care and Preschool sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include George Young Recreational Complex ($2.1m), The University Heights Center for ($2.1m) and Alliance for Continuing Medical Education Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $37k (2.0% of expenses). Other salaries and wages came to $999k. It paid $600 in professional fundraising fees. At year end it held assets of $2.4m against liabilities of $61k, net assets of $2.4m. It reported 29 employees.