Scottsdale Preparatory Academy

Analysis

Scottsdale Preparatory Academy is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2009, 17 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, Scottsdale Preparatory Academy reported income of $10.7m and spending of $10.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.9m to $10.7m (+36%), an average of +7.9% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scottsdale Preparatory Academy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include Utah Connections Academy a Utah Non-Profit Corporation ($10.7m), Mastery Prep Elementary ($10.7m) and Northland Christian School ($10.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $121k (1.2% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $23.3m against liabilities of $17.5m, net assets of $5.8m.