Bettis Preparatory School Incorporated

Analysis

Bettis Preparatory School Incorporated is a registered charity in United States, based in Trenton, SC. It received its IRS tax-exemption ruling in May 2018, 8 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, Bettis Preparatory School Incorporated reported income of $2.0m and spending of $1.5m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.0m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bettis Preparatory School Incorporated sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include Hagerstown Community College Foundation Inc ($2.0m), Cleveland Public Library Foundation ($2.0m) and Master Brewers Association of the Americas Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $898k. At year end it held assets of $830k against liabilities of $410k, net assets of $420k. It reported 39 employees.