Classical Preparatory

Analysis

Classical Preparatory is a registered charity in United States, based in Spring Hill, FL. It received its IRS tax-exemption ruling in September 2011, 15 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 2024, Classical Preparatory reported income of $11.6m and spending of $10.7m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.5m to $11.6m (+54%), an average of +12% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Classical Preparatory sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Urban Assembly Charter School for Computer Science ($11.6m), Catholic Schools Center of Excellence ($11.6m) and Louisiana Key Academy ($11.6m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 89% of the total. At year end it held assets of $20.1m against liabilities of $18.1m, net assets of $2.0m. It reported 166 employees.