Bradford Preparatory School

Analysis

Bradford Preparatory School is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 2013, 13 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, Bradford Preparatory School reported income of $17.0m and spending of $16.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.5m to $17.0m (+37%), an average of +8.1% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bradford Preparatory School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Dedham Country Day School ($17.0m), Boyd - Buchanan School ($17.0m) and Joan and Irwin Jacobs Technion-Cornell Innovation Instit ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $407k (2.5% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $44.4m against liabilities of $40.4m, net assets of $4.1m. It reported 262 employees.