Cicero Preparatory Academy

Analysis

Cicero Preparatory Academy is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2015, 11 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, Cicero Preparatory Academy reported income of $6.4m and spending of $6.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $6.4m (+48%), an average of +10% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cicero Preparatory Academy sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Association for Molecular Pathology Inc ($6.4m), Beit Rabban Day School ($6.4m) and International School of Monterey ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $88k (1.4% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $12.0m against liabilities of $10.9m, net assets of $1.1m.