Little Hearts Preschool

Analysis

Little Hearts Preschool is a registered charity in United States, based in Liberty TWP, OH. It received its IRS tax-exemption ruling in January 2023, 3 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 July 2024, Little Hearts Preschool reported income of $597k and spending of $660k, spending 110% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income grew from $494k to $597k (+21%), an average of +21% a year. The sharpest change came in the year to July 2024, when income rose by 21%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Hearts Preschool sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Friedrich Naumann Foundation ($597k), Forney Isd Education Leadership Foundation Inc ($598k) and Fundacion Tesoros de Amor ($597k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $48k (7.2% of expenses). Other salaries and wages came to $399k. At year end it held assets of $178k against liabilities of $37k, net assets of $141k. It reported 49 employees.