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Preparatory Chapter School of Mathmatics Science Technology and

RegisteredEIN 23-2954170Philadelphia, PAEducation and training
Income$11.3m2023-06
Spending$8.5msame year
Spent / received70%5-year average
Size in its cause94th pctEducation and training
Exempt since1999School
Employees110latest return

Analysis

Preparatory Chapter School of Mathmatics Science Technology and is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1999, 27 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, Preparatory Chapter School of Mathmatics Science Technology and reported income of $11.3m and spending of $8.5m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $11.3m (+40%), an average of +8.8% a year. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Preparatory Chapter School of Mathmatics Science Technology and 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 PA. Charities of a similar size with the same main cause include Waterside School Inc ($11.3m), Girls Middle School ($11.3m) and Restoration Academy Inc ($11.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $160k (1.9% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $13.2m against liabilities of $7.6m, net assets of $5.6m. It reported 110 employees.

Income and spending

$0$2.8m$5.7m$8.5m$11.3m2019 Income: $8,088,0172019 Spending: $5,550,55620192020 Income: $8,889,7592020 Spending: $6,231,04820202021 Income: $10,114,9682021 Spending: $6,834,68920212022 Income: $11,236,7662022 Spending: $7,805,58620222023 Income: $11,328,1392023 Spending: $8,523,3612023
IncomeSpending

Where the income comes from

  • Program services 99%
  • Other 1.4%

Similar-sized charities, same cause

CharityLocationIncome
Waterside School IncStamford$11.3m
Girls Middle SchoolPalo Alto$11.3m
Restoration Academy IncFairfield$11.3m
Keiller Leadership AcademySan Diego$11.3m