North Davis Preparatory Academy Inc

Analysis

North Davis Preparatory Academy Inc is a registered charity in United States, based in Layton, UT. It received its IRS tax-exemption ruling in January 2005, 21 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, North Davis Preparatory Academy Inc reported income of $10.7m and spending of $9.0m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.9m to $10.7m (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Davis Preparatory Academy Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within UT. Charities of a similar size with the same main cause include Waldorf School of the Peninsula Inc ($10.7m), Davidson Academy ($10.7m) and Bowman International School ($10.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. At year end it held assets of $17.5m against liabilities of $12.3m, net assets of $5.3m.