Hogan Preparatory Academy Inc

Analysis

Hogan Preparatory Academy Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 1999, 27 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, Hogan Preparatory Academy Inc reported income of $16.9m and spending of $14.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.7m to $16.9m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hogan 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 95th percentile within MO. Charities of a similar size with the same main cause include Southern University System Foundation ($16.9m), Achieving the Dream Inc ($16.9m) and National Ben Gamla Charter Schoolfoundation Inc ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Other salaries and wages came to $6.1m. At year end it held assets of $30.6m against liabilities of $14.6m, net assets of $16.0m. It reported 152 employees.