Omak Cooperative Preschool

Analysis

Omak Cooperative Preschool is a registered charity in United States, based in Omak, WA. It received its IRS tax-exemption ruling in July 1979, 47 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 December 2023, Omak Cooperative Preschool reported income of $67k and spending of $69k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $67k (+4.3%), an average of +4.3% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Omak Cooperative Preschool sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 21st percentile within WA. Charities of a similar size with the same main cause include Walla Walla Swim Club Endowment Board ($67k), Owensboro Rotary Club Foundation Inc ($67k) and Omna Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $21k against liabilities of $23k, net assets of -$2,856.