Cape Inc Community Association for Pre-School Education

Analysis

Cape Inc Community Association for Pre-School Education is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in May 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cape Inc Community Association for Pre-School Education reported income of $6.5m and spending of $6.5m, spending 100% of its income. Across the 5 years on record, from February 2020 to June 2023, income grew from $6.1m to $6.5m (+5.9%), an average of +1.4% a year. The sharpest change came in the year to June 2023, when income rose by 180%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cape Inc Community Association for Pre-School Education sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Burbank Housing Management Corporation ($6.5m), Indiana Lions Eye Bank Inc ($6.5m) and Spiritrust Lutheran Life ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $233k (3.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $1.5m against liabilities of $843k, net assets of $664k. It reported 48 employees.