Nativity Preparatory School New Bedford Inc

Analysis

Nativity Preparatory School New Bedford Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Nativity Preparatory School New Bedford Inc reported income of $1.1m and spending of $1.4m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.1m (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2020, when income dropped by 25%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nativity Preparatory School New Bedford Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include LA Vida Independent Study Charter School ($1.1m), Donnelly College Real Estate Holdings Inc ($1.1m) and Lighthouse Academy for Dyslexia ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $84k (6.1% of expenses). Other salaries and wages came to $411k. It paid $2,550 in professional fundraising fees. At year end it held assets of $4.4m against liabilities of $104k, net assets of $4.3m. It reported 19 employees.