Pine Crest Preparatory School Inc

Analysis

Pine Crest Preparatory School Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in January 1962, 64 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 2024, Pine Crest Preparatory School Inc reported income of $130.3m and spending of $115.0m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $99.7m to $130.3m (+31%), an average of +6.9% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pine Crest Preparatory School Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Augsburg University ($130.1m), Taylor University ($130.4m) and Georgia Tech Athletic Association ($129.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.1% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $2.9m (2.5% of expenses). Other salaries and wages came to $42.9m. At year end it held assets of $411.2m against liabilities of $185.6m, net assets of $225.6m. It reported 840 employees.