York Preparatory School Foundation

Analysis

York Preparatory School Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, York Preparatory School Foundation reported income of $338k and spending of $313k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $579k to $338k (-42%), an average of -13% a year. The sharpest change came in the year to June 2020, when income dropped by 39%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, York Preparatory School Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include New Haven Roadrace Inc ($338k), Palm Missionary Ministries Inc ($338k) and Drug Free Moore County Inc ($338k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $336k against liabilities of $309k, net assets of $27k.