California Preparatory College Inc

Analysis

California Preparatory College Inc is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in May 2018, 8 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, California Preparatory College Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 3 years on record, from June 2020 to June 2023, income fell from $1.4m to $1.1m (-23%), an average of -12% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Preparatory College Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Wiregrass Christian Academy ($1.1m), Covenant Academy Florida Inc ($1.1m) and Views on Learning Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $5,140 (0.5% of expenses). Other salaries and wages came to $151k. At year end it held assets of $7.6m against liabilities of $7.0m, net assets of $541k. It reported 16 employees.