Brehm Preparatory School Inc

Analysis

Brehm Preparatory School Inc is a registered charity in United States, based in Carbondale, IL. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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, Brehm Preparatory School Inc reported income of $5.0m and spending of $5.4m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.3m to $5.0m (-40%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 24%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brehm Preparatory School Inc sits at the 92nd percentile: it is larger than about 92% 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 Harlem Congregations for Community Improvement Inc ($5.0m), Hampshire Regional Young Mens Christian Association ($5.0m) and Healthy Minds Innovations Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $287k (5.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $9.2m against liabilities of $7.1m, net assets of $2.1m. It reported 146 employees.