College Preparatory School of America

Analysis

College Preparatory School of America is a registered charity in United States, based in Lombard, IL. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, College Preparatory School of America reported income of $5.2m and spending of $4.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $5.2m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Preparatory School of America 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 IL. Charities of a similar size with the same main cause include Avondale House ($5.2m), Non-Profit Technology Enterprise Network ($5.2m) and Jicuf Endowmentinc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $10.8m against liabilities of $11k, net assets of $10.8m.