Beacon Hill Preparatory Institute

Analysis

Beacon Hill Preparatory Institute is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2006, 20 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 June 2023, Beacon Hill Preparatory Institute reported income of $4.3m and spending of $3.2m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $655k to $4.3m (+561%), an average of +60% a year. The sharpest change came in the year to June 2022, when income rose by 146%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beacon Hill Preparatory Institute sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Treeside Charter School ($4.3m), Doane Stuart School ($4.3m) and Ohio Valley Voices Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $148k (4.6% of expenses). Other salaries and wages came to $2.0m. It paid $32k in professional fundraising fees. At year end it held assets of $2.2m against liabilities of $176k, net assets of $2.0m. It reported 87 employees.