New Road to Learning Inc Dba J Harris Preparatory Academy

Analysis

New Road to Learning Inc Dba J Harris Preparatory Academy is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in October 2001, 25 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, New Road to Learning Inc Dba J Harris Preparatory Academy reported income of $2.5m and spending of $2.0m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.5m (+36%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Road to Learning Inc Dba J Harris Preparatory Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include The Pathfinder School Inc ($2.5m), Pathways Childrens School ($2.5m) and SFV Education ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.0% and program service revenue 93% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $3.7m against liabilities of $2.7m, net assets of $1.0m.