Mill Creek Cooperative Preschool

Analysis

Mill Creek Cooperative Preschool is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in September 1988, 38 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, Mill Creek Cooperative Preschool reported income of $90k and spending of $76k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $72k to $90k (+25%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mill Creek Cooperative Preschool sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within WA. Charities of a similar size with the same main cause include Sauk Prairie Nursery Center Inc ($90k), Whitetails Unlimited Inc ($90k) and Good Samaritan of Manchester Tennessee Inc ($90k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 8.0% and program service revenue 86% of the total. At year end it held assets of $125k against liabilities of $6,685, net assets of $118k.