Two Dimensions Preparatory Academy Inc

Analysis

Two Dimensions Preparatory Academy Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1998, 28 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 August 2023, Two Dimensions Preparatory Academy Inc reported income of $5.6m and spending of $5.8m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.7m to $5.6m (+19%), an average of +4.4% a year. The sharpest change came in the year to August 2020, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Two Dimensions Preparatory Academy Inc 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 94th percentile within TX. Charities of a similar size with the same main cause include Dixon Montissori Charter School ($5.6m), Global Village Academy - Douglas County ($5.6m) and Menlo Park Academy ($5.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $373k (6.4% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $1.7m against liabilities of $406k, net assets of $1.3m. It reported 100 employees.