York Preparatory Academy Inc

Analysis

York Preparatory Academy Inc is a registered charity in United States, based in Rock Hill, SC. 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 2024, York Preparatory Academy Inc reported income of $19.5m and spending of $23.6m, spending 121% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $15.8m to $19.5m (+24%), an average of +4.4% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, York Preparatory Academy Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within SC. Charities of a similar size with the same main cause include Conservative Partnership Institute ($19.5m), Warren Easton Sr High School Foundation Inc ($19.5m) and Barbers Hill Independent School District Education Foundation ($19.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 108% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $734k (3.1% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $40.1m against liabilities of $38.1m, net assets of $2.0m. It reported 304 employees.