Highlands Pre Schools Assoc

Analysis

Highlands Pre Schools Assoc is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in September 1967, 59 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 2023, Highlands Pre Schools Assoc reported income of $226k and spending of $246k, spending 109% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $301k to $226k (-25%), an average of -9.1% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Highlands Pre Schools Assoc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Iowa Skilled Trades ($226k), Issachar Learning Center ($226k) and LA Guardia Education Fund Incorporated ($226k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. Other salaries and wages came to $182k. At year end it held assets of $163k against liabilities of $54k, net assets of $109k. It reported 8 employees.