City Heights Preparatory Charter School

Analysis

City Heights Preparatory Charter School is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 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, City Heights Preparatory Charter School reported income of $2.9m and spending of $2.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.9m (+64%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City Heights Preparatory Charter School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include International Montessori School Inc ($2.9m), Laverne Elementary Preparartory Academy Foundation ($2.9m) and Global School Leaders ($2.9m).

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 $177k (6.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.5m against liabilities of $1.0m, net assets of $1.4m. It reported 25 employees.