Garden Grove 1st Preschool Incorporated

Analysis

Garden Grove 1st Preschool Incorporated is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Garden Grove 1st Preschool Incorporated reported income of $434k and spending of $398k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $532k to $434k (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Garden Grove 1st Preschool Incorporated sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Autauga Interfaith Care Center ($434k), Trust Inc ($434k) and Four Day Movement Inc ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $77k (19% of expenses). Other salaries and wages came to $142k. At year end it held assets of $225k against liabilities of $0, net assets of $225k. It reported 9 employees.