Deca Prep Inc

Analysis

Deca Prep Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in June 2012, 14 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, Deca Prep Inc reported income of $14.9m and spending of $15.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $14.9m (+60%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Deca Prep Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Good Reason Houston Inc ($14.9m), Florida Christian School of Dade ($14.9m) and Waverly School ($14.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Other salaries and wages came to $8.4m. At year end it held assets of $17.1m against liabilities of $16.5m, net assets of $610k. It reported 195 employees.