Chandler Preparatory Academy

Analysis

Chandler Preparatory Academy is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2006, 20 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, Chandler Preparatory Academy reported income of $8.5m and spending of $8.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $8.5m (+25%), an average of +5.8% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chandler Preparatory Academy 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 93rd percentile within AZ. Charities of a similar size with the same main cause include Robert G Carr & Nona K Carr Scholarship Foundation ($8.5m), Midway Star Academy ($8.5m) and Breakthrough Montessori Public Charter School ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $123k (1.5% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $10.7m against liabilities of $6.7m, net assets of $4.1m.