Northcoast Preparatory & Performing Arts Academy

Analysis

Northcoast Preparatory & Performing Arts Academy is a registered charity in United States, based in Arcata, CA. It received its IRS tax-exemption ruling in June 2007, 19 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, Northcoast Preparatory & Performing Arts Academy reported income of $2.3m and spending of $2.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.3m (+7.5%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northcoast Preparatory & Performing Arts Academy 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 88th percentile within CA. Charities of a similar size with the same main cause include Todays Students Tomorrows Teachers ($2.3m), Trustees of Princeton University ($2.3m) and Academy of Scholastic Achievement ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $929k against liabilities of $194k, net assets of $735k. It reported 55 employees.