Yes Prep Public Schools Inc

Analysis

Yes Prep Public Schools Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 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 June 2023, Yes Prep Public Schools Inc reported income of $263.0m and spending of $243.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $154.7m to $263.0m (+70%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 19%. 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, Yes Prep Public Schools Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include New York University in Abu Dhabi Corporation ($261.8m), Colorado College TH ($263.3m) and Drake University ($259.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $2.1m (0.9% of expenses). Other salaries and wages came to $139.0m. It paid $186k in professional fundraising fees. At year end it held assets of $429.6m against liabilities of $218.0m, net assets of $211.6m. It reported 2,753 employees.