Windsor Prep Inc

Analysis

Windsor Prep Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in April 1994, 32 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 2023, Windsor Prep Inc reported income of $6.1m and spending of $6.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $6.1m (+17%), an average of +4.1% 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, Windsor Prep Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Foundation for Senior Living ($6.1m), Young Mens Christian Association of New Orleans Metropolitan ($6.1m) and Boy Scouts of America ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $184k (3.1% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $2.7m against liabilities of $1.9m, net assets of $802k. It reported 76 employees.