Liberty Preparatory Christian Academy Inc

Analysis

Liberty Preparatory Christian Academy Inc is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in July 2009, 17 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 May 2024, Liberty Preparatory Christian Academy Inc reported income of $4.0m and spending of $3.2m, spending 82% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $2.2m to $4.0m (+81%), an average of +16% a year. The sharpest change came in the year to May 2022, when income rose by 49%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Liberty Preparatory Christian Academy Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Highland Park High School Parent Teacher Association ($4.0m), Research Park at Sdsu ($4.0m) and Central Hinds Academy ($3.9m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 13% and program service revenue 83% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $12.0m against liabilities of $4.4m, net assets of $7.6m. It reported 72 employees.