Masters Preparatory Academy

Analysis

Masters Preparatory Academy is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 2015, 11 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 2024, Masters Preparatory Academy reported income of $313k and spending of $301k, spending 96% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $124k to $313k (+152%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 184%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Masters Preparatory Academy sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Community Montessori School of Bisbee ($313k), Walworth Seely Public Library ($313k) and Watchung Cooperative Nursery School ($313k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.