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Lake Highland Preparatory School Foundation Inc

RegisteredEIN 20-0724295Orlando, FLEducation and training
Income$1.2m2023-06
Spending$210ksame year
Spent / received30%5-year average
Size in its cause78th pctEducation and training
Exempt since2004Supporting organisation
Employees0latest return

Analysis

Lake Highland Preparatory School Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lake Highland Preparatory School Foundation Inc reported income of $1.2m and spending of $210k, leaving 83% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $528k to $1.2m (+135%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 147%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Highland Preparatory School Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Centenary Equestrian Foundation LLC ($1.2m), HFS Chicago Scholars ($1.2m) and Benton Hall Corporation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $21k. At year end it held assets of $18.6m against liabilities of $6.8m, net assets of $11.8m.

Income and spending

$0$310k$619k$929k$1.2m2019 Income: $527,9732019 Spending: $140,32720192020 Income: $185,7272020 Spending: $157,34120202021 Income: $399,3072021 Spending: $157,62120212022 Income: $501,2042022 Spending: $202,68620222023 Income: $1,238,1872023 Spending: $209,7852023
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Other 7.7%

Similar-sized charities, same cause

CharityLocationIncome
Centenary Equestrian Foundation LLCHackettstown$1.2m
HFS Chicago ScholarsChicago$1.2m
Benton Hall CorporationNashville$1.2m
Coalition of African American NursesMatteson$1.2m