Intrepid College Preparatory Incorporated

Analysis

Intrepid College Preparatory Incorporated is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in December 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, Intrepid College Preparatory Incorporated reported income of $15.5m and spending of $13.4m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $15.5m (+109%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 58%. 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, Intrepid College Preparatory Incorporated 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 TN. Charities of a similar size with the same main cause include Yeshiva of Central Queens ($15.5m), Brooklyn Scholars Charter School ($15.5m) and Arkansas Early Childhood Association ($15.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $137k (1.0% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $18.2m against liabilities of $6.2m, net assets of $12.0m. It reported 152 employees.