Black River Career Prep High School

Analysis

Black River Career Prep High School is a registered charity in United States, based in Elyria, OH. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Black River Career Prep High School reported income of $2.4m and spending of $2.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.4m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black River Career Prep High School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Excel Christian School ($2.4m), New Vistas School of Central Virginia Inc ($2.4m) and Westfield State University Foundation Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $3,375 (0.1% of expenses). At year end it held assets of $518k against liabilities of $1.1m, net assets of -$607k.