Explorer Preschool Inc

Analysis

Explorer Preschool Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in December 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, Explorer Preschool Inc reported income of $393k and spending of $340k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $340k to $393k (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Explorer Preschool Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Cobalt Community Research ($393k), Jesuit Worlwide Learning Higher Education at the Margins USA ($393k) and The Genesee Community College Foundation Inc ($393k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.6% and program service revenue 92% of the total. Other salaries and wages came to $209k. At year end it held assets of $949k against liabilities of $100k, net assets of $848k. It reported 9 employees.