Sherman Preschool

Analysis

Sherman Preschool is a registered charity in United States, based in Moro, OR. It received its IRS tax-exemption ruling in June 2008, 18 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, Sherman Preschool reported income of $96k and spending of $105k, spending 109% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $174k to $96k (-45%), an average of -45% a year. The sharpest change came in the year to June 2023, when income dropped by 45%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sherman Preschool sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within OR. Charities of a similar size with the same main cause include Northern Lake County Conference ($96k), Gananda Education Corporation ($96k) and Computer Assisted Language Instruction Consortium ($96k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. At year end it held assets of $110k against liabilities of $1,189, net assets of $108k.