Northridge Preparatory School Inc

Analysis

Northridge Preparatory School Inc is a registered charity in United States, based in Niles, IL. It received its IRS tax-exemption ruling in February 2011, 15 years ago. 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, Northridge Preparatory School Inc reported income of $6.9m and spending of $6.7m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.6m to $6.9m (+23%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northridge Preparatory School 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 94th percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Kalamazoo Aviation History Museum ($6.9m), Committee on the Shelterless ($6.9m) and St Jeanne de Lestonnac Free Clinic ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 77% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $8.1m against liabilities of $2.2m, net assets of $5.9m. It reported 101 employees.