College Preparatory Middle School

Analysis

College Preparatory Middle School is a registered charity in United States, based in Spring Valley, 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 2022, College Preparatory Middle School reported income of $4.9m and spending of $3.9m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $2.6m to $4.9m (+92%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 63%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Preparatory Middle School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Ethiopia Education Initiatives Inc ($4.9m), American Friends of Cancer Research Inc ($4.9m) and The Peregrine Project ($4.9m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $240k (6.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $16.7m against liabilities of $12.1m, net assets of $4.6m. It reported 34 employees.