Excel Preparatory Schools Inc

Analysis

Excel Preparatory Schools Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 2005, 21 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, Excel Preparatory Schools Inc reported income of $650k and spending of $696k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $721k to $650k (-9.9%), an average of -2.6% a year. 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, Excel Preparatory Schools Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Jewish Life ($650k), Holy Cross Early Learning Center Inc ($650k) and Potentia Academy ($650k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $53k (7.6% of expenses). Other salaries and wages came to $243k. At year end it held assets of $1.3m against liabilities of $1.3m, net assets of $16k. It reported 18 employees.