Dekalb Preparatory Academy Inc

Analysis

Dekalb Preparatory Academy Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Dekalb Preparatory Academy Inc reported income of $7.1m and spending of $7.4m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $7.3m to $7.1m (-3.3%), an average of -1.1% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. 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, Dekalb Preparatory Academy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Eastern Mennonite School ($7.1m), Julia Lee Performing Arts Academy ($7.1m) and Valley Settlement ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. At year end it held assets of $8.7m against liabilities of $8.0m, net assets of $727k. It reported 69 employees.