The Baptist Preparatory School
Analysis
The Baptist Preparatory School is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in November 1981, 45 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 May 2022, The Baptist Preparatory School reported income of $5.7m and spending of $6.2m, spending 107% of what it took in. Across the 4 years on record, from May 2019 to May 2022, income grew from $5.7m to $5.7m (+1.1%), an average of +0.4% a year. Over the whole period it spent 108% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Baptist Preparatory School sits at the 90th 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 93rd percentile within AR. Charities of a similar size with the same main cause include Leap Social Enterprise Inc ($5.7m), Easton Arts Academy Elementary Charter School ($5.7m) and The Economic Club of Chicago ($5.7m).
On its Form 990 for the period ending May 2022, revenue came from contributions and grants 8.0% and program service revenue 84% of the total. Other salaries and wages came to $3.5m. At year end it held assets of $8.8m against liabilities of $4.5m, net assets of $4.3m. It reported 155 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.0%
- Program services 84%
- Other 7.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Leap Social Enterprise Inc | Camden | $5.7m |
| Easton Arts Academy Elementary Charter School | Easton | $5.7m |
| The Economic Club of Chicago | Chicago | $5.7m |
| Abby Lane Housing Corporation | Syracuse | $5.7m |