Ave Maria University Preparatory School Inc

Analysis

Ave Maria University Preparatory School Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in March 2005, 21 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, Ave Maria University Preparatory School Inc reported income of $708k and spending of $774k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $555k to $708k (+27%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ave Maria University Preparatory School Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Stand4kind ($708k), Loma Linda Broadcasting Network Inc ($708k) and Russian Hill School ($707k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $68k (8.8% of expenses). Other salaries and wages came to $402k. At year end it held assets of $195k against liabilities of $63k, net assets of $131k. It reported 16 employees.