Mission Preparatory

Analysis

Mission Preparatory is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2011, 15 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, Mission Preparatory reported income of $8.9m and spending of $8.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $8.9m (+86%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mission Preparatory sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Archway Classical Academy North Phoenix ($8.9m), Chicago Waldorf School ($8.9m) and Endeavor Charter School Inc ($8.9m).

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 $181k (2.1% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $5.4m against liabilities of $2.6m, net assets of $2.8m. It reported 105 employees.