Villa Preparatory Academy Corp

Analysis

Villa Preparatory Academy Corp is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2018, 8 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, Villa Preparatory Academy Corp reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.5m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 100%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Villa Preparatory Academy Corp sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Blessed Stephen Bellesini O S a Academy Inc ($1.5m), South Baldwin Christian Academy ($1.5m) and Associated Colleges of Illinois Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $102k (7.0% of expenses). Other salaries and wages came to $531k. At year end it held assets of $10k against liabilities of -$39k, net assets of $50k. It reported 34 employees.