LA Verne Parent Participation Preschool Inc

Analysis

LA Verne Parent Participation Preschool Inc is a registered charity in United States, based in LA Verne, CA. It received its IRS tax-exemption ruling in March 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, LA Verne Parent Participation Preschool Inc reported income of $207k and spending of $177k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $97k to $207k (+114%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 179%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Verne Parent Participation Preschool Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($207k), Somebody Cares ($207k) and Delta Area Senior Citizen Center ($207k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.1% and program service revenue 71% of the total. Other salaries and wages came to $129k. At year end it held assets of $132k against liabilities of $42k, net assets of $90k.