Sequatchie Valley Preparatory Academy

Analysis

Sequatchie Valley Preparatory Academy is a registered charity in United States, based in Dunlap, TN. It received its IRS tax-exemption ruling in July 2015, 11 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 July 2023, Sequatchie Valley Preparatory Academy reported income of $122k and spending of $130k, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $243k to $122k (-50%), an average of -16% a year. The sharpest change came in the year to July 2022, when income rose by 86%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sequatchie Valley Preparatory Academy sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within TN. Charities of a similar size with the same main cause include Academy of Finance Nevada ($122k), North Royalton Baseball Boosters Inc ($122k) and Brazos County Go Texan Association ($122k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $189k against liabilities of $55k, net assets of $134k.