Genesis Preparatory School of Florida Inc

Analysis

Genesis Preparatory School of Florida Inc is a registered charity in United States, based in New PRT Rchy, FL. 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 July 2023, Genesis Preparatory School of Florida Inc reported income of $2.3m and spending of $2.0m, spending 87% of its income. Across the 6 years on record, from July 2018 to July 2023, income grew from $718k to $2.3m (+214%), an average of +26% a year. The sharpest change came in the year to July 2020, when income rose by 390%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Genesis Preparatory School of Florida Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Moscow Charter School Inc ($2.3m), American Friends of Tomer Devorah Inc ($2.3m) and Brookside Christian Academy ($2.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.9m against liabilities of $1.2m, net assets of $1.6m. It reported 44 employees.