Ivy Preparatory Academy Incorporated

Analysis

Ivy Preparatory Academy Incorporated is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2004, 22 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 2024, Ivy Preparatory Academy Incorporated reported income of $7.6m and spending of $9.0m, spending 118% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.0m to $7.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ivy Preparatory Academy Incorporated sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Association of Research Libraries ($7.6m), Amani Public Charter School ($7.6m) and Capitol Encore Academy ($7.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 76% of the total. At year end it held assets of $12.9m against liabilities of $18.4m, net assets of -$5.4m. It reported 77 employees.