Vision Preparatory Charter School Inc

Analysis

Vision Preparatory Charter School Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 2014, 12 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, Vision Preparatory Charter School Inc reported income of $5.5m and spending of $5.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $5.5m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 22%. 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, Vision Preparatory Charter School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Odyssey Community School ($5.5m), Seven Oaks Classical School ($5.5m) and Camperdown Academy Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.8m against liabilities of $2.4m, net assets of $2.4m. It reported 100 employees.