St Augustine Preparatory Academy Inc

Analysis

St Augustine Preparatory Academy Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 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, St Augustine Preparatory Academy Inc reported income of $22.7m and spending of $20.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.8m to $22.7m (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Augustine Preparatory Academy Inc 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 WI. Charities of a similar size with the same main cause include Hanalani Schools ($22.6m), Wiley College ($22.7m) and Thacher School Inc ($22.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $771k (3.8% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $60.5m against liabilities of $26.1m, net assets of $34.4m. It reported 246 employees.