Christ Preparatory Academy Inc

Analysis

Christ Preparatory Academy Inc is a registered charity in United States, based in Lenexa, KS. It received its IRS tax-exemption ruling in December 1998, 28 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 May 2024, Christ Preparatory Academy Inc reported income of $1.9m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.2m to $1.9m (+61%), an average of +13% a year. The sharpest change came in the year to May 2024, 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, Christ Preparatory Academy Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within KS. Charities of a similar size with the same main cause include Hope Academy Inc ($1.9m), Porterville College Foundation ($1.9m) and American Leadership Forum ($1.9m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.7% and program service revenue 96% of the total. Other salaries and wages came to $863k. At year end it held assets of $973k against liabilities of $230k, net assets of $743k. It reported 54 employees.