K Anthony Pre-School Inc

Analysis

K Anthony Pre-School Inc is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in September 2009, 17 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, K Anthony Pre-School Inc reported income of $528k and spending of $664k, spending 126% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.1m to $528k (-53%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. 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, K Anthony Pre-School Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include First 5 Fox Valley Inc ($528k), Allen Eiry Senior Center Inc ($528k) and National Alliance on Mental Illness of Johnson County ($528k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $117k (18% of expenses). Other salaries and wages came to $235k. At year end it held assets of $490k against liabilities of $490k, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.