Five Rivers Career Prep High School

Analysis

Five Rivers Career Prep High School is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in July 2020, 6 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, Five Rivers Career Prep High School reported income of $1.4m and spending of $1.2m, spending 88% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $898k to $1.4m (+54%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 86%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Five Rivers Career Prep High School sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Southern Humboldt Charter Schools ($1.4m), Redwood High School Foundation ($1.4m) and Elevated Thought Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $3,375 (0.3% of expenses). At year end it held assets of $1.2m against liabilities of $1.5m, net assets of -$312k.