Bay Area Kinderstube

Analysis

Bay Area Kinderstube is a registered charity in United States, based in Albany, CA. It received its IRS tax-exemption ruling in June 1995, 31 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 August 2023, Bay Area Kinderstube reported income of $988k and spending of $1.0m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $852k to $988k (+16%), an average of +3.8% a year. The sharpest change came in the year to August 2022, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bay Area Kinderstube sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Cristo Rey Tampa Work Study Inc ($988k), Parents Invincible Inc ($988k) and Frederick J Furtah Preparatory School Inc ($987k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $179k (18% of expenses). Other salaries and wages came to $450k. At year end it held assets of $715k against liabilities of $40k, net assets of $675k. It reported 48 employees.