Abc Angels Preschool

Analysis

Abc Angels Preschool is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Abc Angels Preschool reported income of $360k and spending of $317k, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $242k to $360k (+48%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abc Angels Preschool sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Highlands School ($359k), Badger Athletic Boosters ($360k) and Scottsdale Leadership Inc ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $78k. At year end it held assets of $142k against liabilities of $1,142, net assets of $141k. It reported 3 employees.