Friends of St Croix Preparatory Academy

Analysis

Friends of St Croix Preparatory Academy is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of St Croix Preparatory Academy reported income of $2.0m and spending of $1.9m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.0m (+6.9%), an average of +1.7% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of St Croix Preparatory Academy sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Urban Prairie ($2.0m), Tustin Public School Foundation ($2.0m) and Media Impact International ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $22.6m against liabilities of $26.0m, net assets of -$3.4m.