Catch Prep Charter High Inc

Analysis

Catch Prep Charter High Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2003, 23 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 December 2023, Catch Prep Charter High Inc reported income of $2.6m and spending of $2.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.6m (-6.1%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Catch Prep Charter High Inc 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 CA. Charities of a similar size with the same main cause include Concerned Inc ($2.6m), Yinghua International School a NJ Nonprofit Corporation ($2.6m) and Dallas Education Foundation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $156k (5.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.6m against liabilities of $43k, net assets of $3.5m. It reported 19 employees.