Middle Village Preparatory Charter School

Analysis

Middle Village Preparatory Charter School is a registered charity in United States, based in Middle VLG, NY. It received its IRS tax-exemption ruling in August 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, Middle Village Preparatory Charter School reported income of $11.1m and spending of $8.7m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.6m to $11.1m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Middle Village Preparatory Charter School 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 95th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Mdyhs Inc ($11.1m), High Meadows School Inc ($11.1m) and Miami Arts Inc ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $371k (4.3% of expenses). Other salaries and wages came to $2.8m. It paid $4,100 in professional fundraising fees. At year end it held assets of $28.3m against liabilities of $11.5m, net assets of $16.8m. It reported 63 employees.