Central Florida Preparatory School Inc

Analysis

Central Florida Preparatory School Inc is a registered charity in United States, based in Apopka, FL. It received its IRS tax-exemption ruling in June 1994, 32 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, Central Florida Preparatory School Inc reported income of $6.2m and spending of $5.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $6.2m (+218%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 62%. 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, Central Florida Preparatory School Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Public Interest Fellowship Foundation ($6.2m), Los Angeles Academy of Arts and Enterprise ($6.2m) and Compass Montessori Secondary School ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.2% and program service revenue 92% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $28.0m against liabilities of $26.8m, net assets of $1.2m. It reported 91 employees.