Sandcastle Preschool

Analysis

Sandcastle Preschool is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in July 1986, 40 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, Sandcastle Preschool reported income of $151k and spending of $186k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $204k to $151k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sandcastle Preschool sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within OR. Charities of a similar size with the same main cause include Church Women United ($151k), Little League Baseball Inc ($151k) and FR Hannibal House Social Service Center ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.