Southland College Prep Charter School Inc

Analysis

Southland College Prep Charter School Inc is a registered charity in United States, based in Richton Park, IL. It received its IRS tax-exemption ruling in October 2010, 16 years ago. 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 2024, Southland College Prep Charter School Inc reported income of $19.5m and spending of $17.9m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $11.8m to $19.5m (+65%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southland College Prep Charter School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Landmark Christian School ($19.5m), Berkshire Community Action Council Inc ($19.5m) and Agenda for Children Inc ($19.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Other salaries and wages came to $8.1m. At year end it held assets of $9.2m against liabilities of $2.5m, net assets of $6.7m. It reported 184 employees.