Mt Edgecumbe Preschool Inc

Analysis

Mt Edgecumbe Preschool Inc is a registered charity in United States, based in Sitka, AK. It received its IRS tax-exemption ruling in November 1977, 49 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, Mt Edgecumbe Preschool Inc reported income of $229k and spending of $189k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $173k to $229k (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Edgecumbe Preschool Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 51st percentile within AK. Charities of a similar size with the same main cause include The National Alumnae Association of Spelman College ($229k), West Coast Latvian Education Center ($229k) and Imagine Idaho Foundation ($229k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 63% of the total. Other salaries and wages came to $136k. At year end it held assets of $386k against liabilities of $4,289, net assets of $382k. It reported 6 employees.