North Phoenix Preparatory Academy

Analysis

North Phoenix Preparatory Academy is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2014, 12 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, North Phoenix Preparatory Academy reported income of $6.3m and spending of $6.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $6.3m (+49%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Phoenix Preparatory Academy sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Yeshiva Shagas Aryeh ($6.3m), West Bay Collaborative Inc ($6.3m) and Clark Community College District 14 Foundation ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $117k (1.9% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $11.6m against liabilities of $10.1m, net assets of $1.5m.