Hunterdon Preparatory School a Nonprofit Organization

Analysis

Hunterdon Preparatory School a Nonprofit Organization is a registered charity in United States, based in Annandale, NJ. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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 2024, Hunterdon Preparatory School a Nonprofit Organization reported income of $4.1m and spending of $4.0m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $4.3m to $4.1m (-5.4%), an average of -1.4% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hunterdon Preparatory School a Nonprofit Organization sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Winding Trails Inc ($4.1m), Transformation Center Inc ($4.1m) and Housing Resources Inc ($4.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $431k (11% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $2.5m against liabilities of $1.7m, net assets of $751k. It reported 41 employees.