Cincinnati College Preparatory Academy

Analysis

Cincinnati College Preparatory Academy is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 2002, 24 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, Cincinnati College Preparatory Academy reported income of $11.0m and spending of $16.2m, spending 148% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $11.0m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cincinnati College 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 96th percentile within OH. Charities of a similar size with the same main cause include American Association of Collegiate Registrars and Admissions Officers ($11.0m), Horizon Science Acadamey Toledo ($11.0m) and University of North Georgia Foundation Inc ($11.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $156k (1.0% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m. It reported 167 employees.