LA Progresiva Presbyterian School Inc

Analysis

LA Progresiva Presbyterian School Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 1973, 53 years ago. 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 2022, LA Progresiva Presbyterian School Inc reported income of $5.4m and spending of $4.3m, spending 80% of its income. Across the 2 years on record, from July 2020 to July 2022, income grew from $5.0m to $5.4m (+7.4%), an average of +7.4% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Progresiva Presbyterian School 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 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include United States Dressage Federation Inc ($5.4m), Spertus Institute for Jewish Learning and Leadership ($5.4m) and Dynamic Community Solutions ($5.4m).

On its Form 990 for the period ending July 2022, revenue came from contributions and grants 94% and program service revenue 6.3% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $8.0m against liabilities of $827k, net assets of $7.2m. It reported 51 employees.