Mount Washington Preschool and Child Care Center Inc

Analysis

Mount Washington Preschool and Child Care Center Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Mount Washington Preschool and Child Care Center Inc reported income of $1.5m and spending of $1.7m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $1.5m (-36%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mount Washington Preschool and Child Care Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Gallia County Agricultural Society Inc ($1.5m), Family & Childrens Center Couseling and Development Services Inc ($1.5m) and Northwest Cooperative Development ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $84k (4.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $557k against liabilities of $106k, net assets of $451k. It reported 58 employees.