Hochberg Preparatory School Inc

Analysis

Hochberg Preparatory School Inc is a registered charity in United States, based in Hallandle BCH, FL. It received its IRS tax-exemption ruling in March 2017, 9 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 2024, Hochberg Preparatory School Inc reported income of $6.6m and spending of $6.0m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.6m to $6.6m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hochberg Preparatory School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Episcopal School in the City of New York ($6.6m), Glenville State University Foundation ($6.6m) and Youth Educational Services Inc ($6.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $182k (3.0% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $14.5m against liabilities of $9.2m, net assets of $5.3m. It reported 54 employees.