Maui Preparatory Academy Foundation

Analysis

Maui Preparatory Academy Foundation is a registered charity in United States, based in Lahaina, HI. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maui Preparatory Academy Foundation reported income of $430k and spending of $208k, leaving 52% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $590k to $430k (-27%), an average of -7.6% a year. The sharpest change came in the year to June 2020, when income rose by 116%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maui Preparatory Academy Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within HI. Charities of a similar size with the same main cause include Sea-King District of the Washington Interscholastic Activities Assn ($430k), Jackson State University National Alumni Association Inc ($430k) and Mid-Shore Early Learning Center ($430k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6.8m against liabilities of $2.1m, net assets of $4.8m.