Lighthouse Preparatory Academy

Analysis

Lighthouse Preparatory Academy is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in May 2012, 14 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, Lighthouse Preparatory Academy reported income of $800k and spending of $728k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $576k to $800k (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lighthouse Preparatory Academy sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Childrens Learning World a Montessori School Inc ($799k), The Nonprofit Alliance Foundation ($800k) and Branches Academy and Early Learning Center Inc ($799k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.4% and program service revenue 92% of the total. Other salaries and wages came to $390k. At year end it held assets of $1.5m against liabilities of $960k, net assets of $573k. It reported 82 employees.