Heritage Preparatory School of Georgia Inc

Analysis

Heritage Preparatory School of Georgia Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 1999, 27 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, Heritage Preparatory School of Georgia Inc reported income of $7.8m and spending of $7.2m, spending 92% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $3.0m to $7.8m (+159%), an average of +27% a year. The sharpest change came in the year to July 2021, when income rose by 260%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Preparatory School of Georgia Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Hillsborough Education Foundation Inc ($7.8m), Rural Regional College of Northern Pennsylvania ($7.8m) and Rehoboth Christian School Association ($7.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $467k (6.5% of expenses). At year end it held assets of $22.1m against liabilities of $9.2m, net assets of $12.9m.